Skip to main content Skip to footer

Advisory services to Grupo Aire in the implementation of its Data Center in the Madbit District

distrito madbit
  • The new data center will be installed in a pre-existingbuilding, hitherto owned by Interfam, located at Albasanz, 65 St
  • The property will also house the offices of Grupo Aire in Madrid
  • Colliers has provided comprehensive advice including investment, leasing and technical advice

(NASDAQ: CIGI; TSX: CIGI), a leading global consultancy in advisory services and management of investments in real estate, has advised Grupo Aire, a national telecommunications operator, in the implementation of its data center and offices in the Madbit District, an urban space in the Capital that already concentrates numerous companies with a technological profile.

Aire is the wholesale telecommunications operator in Spain with the most presence and capillarity in rural and metropolitan areas. It  owns a telecommunications network with an extension of more than 27,000 km, which covers 90% of the Spanish territory through fiber optics and radio links

With this transaction, Grupo Aire implements a new operations center in Madrid of more than 2,000 sq m. which houses its Data Center, offices and 30 parking spaces.

Madrid, main objective of investors in Data Centers

"This operation is a further confirmation of the moment of boiling in which the Spanish data center market is located, and particularly in Madrid. Currently, we have evidence of projects with around 150MW of power in different phases of construction only in Madrid  -  says  Gonzalo Martín, Director of Capital Markets  de Colliers and head of its Data Centers division - and we are already beginning to structure Land  Banking operations and we are even beginning to see operators  that demand  transactions on land undermanagement, with available power, and payments conditioned to milestones of development of that land and power".

Barcelona and other markets

From Colliers they point out that "The rest of Spain has a remarkable decalage with respect to the maturity of the Madrid market, however, the projects in Barcelona  are, today, very similar to those seen in Madrid about 3 years ago". Regarding other markets, Colliers highlights that specific transactions of Data Centers in Valencia, Seville or Bilbao begin to take place where, in addition to demand, the request for NextGen funds for future developments takes on special relevance.

Real estate sector, the great ally in the development of the Data Center market

Existing real estate assets can make a significant contribute to alleviating the demand problems of the data center market in the interim of the development of complex new plant projects, which are usually developed in phases and take an average of 2 years to be fully completed.

"Thistransaction is a good example of how real estate market players can provide solutions and boost the generation of an offer that copes with the current demand for data centers. This demand has grown exponentially in recent months in Madrid and this type of operation on existing assets represents an optimal solution,specifically for technology companies, such as Grupo Aire, with needs different from those of large Hyperscalers." concludes  Gonzalo Martín.

Related Experts

Gonzalo Martín

Director | Capital Markets


Gonzalo is Director  Corporate Finance Department at Colliers International. He joined Irea Corporate Finance in 2011, and in March  2018 he joined Colliers International.

Since he joined irea he specialises in the valuation and sale and purchase of assets and companies, financial advisory services, strategic planning and in complex financial restructurings, having been directly involved in the restructuring of over € 3,000M€. Notable achievements include working with Via Celere in his acquisition by Varde Partners.

He also has extensive experience in the analysis and valuation of debt portfolios secured by real estate assets, including both PLs (Performing Loans) and NPLs (Non-Performing Loans), providing both buy and sell side advisory on transactions valued at over €6,000 million.

He began his career as an Analyst in the Auditing division of Deloitte.

View expert

Alejandra Folgado

Marketing & Comms. Director Spain & Portugal


As Marketing and Communications Director Alejandra is responsible for building a marketing and Comm. strategy that grows brand awareness; drives lead generation and works across business lines to support Colliers International in Spain  achieve its growth and customer acquisition goals.

She began her career at Atlas Capital Close Brothers in 2001 and joined to irea in 2006, where she was Knowledge & Organization Manager for almost 4 years. After a 5 years  of professional and personal experience in Italy, she returns to irea as Marketing & Communications Manager.

From January 2015 she has been Head of Marketing and Communications at irea until March 2018, when the spanish firm integrates in Colliers International.

Alejandra studied at Carlos III University (Madrid)  where she has a bachelor degree in Information Sciences. She holds an International Marketing and Communications Master from Polimoda Business School (Italy).

She has worked in Marketing and PR across various industries including Financing, Real Estate, Fashion and Hospitality. Alejandra  also has experience in managing and coordinating  events including conference, congress and trade fairs.

View expert