Panattoni to invest 300 million euros to build what will become the largest Data Center in Catalonia

The American-based company Panattoni, one of the world's largest real estate developers, has announced the purchase of a 68.000m² plot of land to build what will be the largest Data Center ever constructed in Catalonia.

The first phase of the construction will begin at the end of 2023, working on an area of approximately 42,000m². The estimated investment for this project reaches 300 million euros.

The Data Center will be located in Cerdanyola del Vallès, just 20km from Barcelona, and will offer unbeatable connectivity and ensure immediate power availability and state-of-the-art facilities. The implementation of this development Data Center has had the collaboration and support of the Cerdanyola del Vallès Town Hall.

Quark, a leading company in Data Centers design, will be in charge of the engineering and design of this project. The future operator and lessee will be defined after holding an orderly process in mid-April led by Colliers in collaboration with Telam Partners.

Jose María Guilleuma, Director of the Colliers Data Center Division, pointed out: "The project designed by Panattoni in Cerdanyola confirms the position of the Barcelona metropolitan area as a privileged location for data centers in the Mediterranean. The project's location is strategically significant and will contribute to expanding digital infrastructure throughout Southern Europe and North Africa. Barcelona is ready to be a key player in the data center market".

Gustavo Cardozo, Managing Director Panattoni Iberia, highlighted, "We are very excited to move forward with this project, which will surely be the largest Data Center built in Catalonia on the market. With our experience in industrial real estate development and the expertise of our partners and collaborators, we are sure that it will be a success. Furthermore, this project confirms the continuity of Panattoni's growth and investment plans in Catalonia and Spain".

Source: Panattoni