Dunas Capital Real Estate has secured a financing agreement of €31 million with Cheyne Capital to build a 36,000 m2 logistics platform in the Antequera Dry Port, which will be leased to Ontime. The centre will feature over 20,000 m2 of tri-temperature cold storage.
The Antequera Dry Port is adding a new logistics giant. Dunas Capital Real Estate (DCRE) has announced the construction of a 36,000 square metre platform that will be fully leased to the operator Ontime, specialised in urgent transport and temperature-controlled logistics. The investment amounts to €31 million, financed by Cheyne Capital.
A Warehouse Designed for Cold Storage
The centre will be built on a 63,000 m2 plot and will feature tri-temperature cold storage technology. Over 20,000 m2 will be equipped for temperature control, both positive and negative, allowing for the preservation of everything from fresh products to frozen goods.
The facility has been designed with sustainable construction criteria. It will include green energy generation systems to power state-of-the-art refrigeration equipment. According to Miguel López Puche, CEO of Dunas Capital Real Estate, the project "consolidates our leadership position in the logistics real estate development market for the cold chain."
For the residents of Antequera and the surrounding area, this infrastructure represents a direct economic boost. It is expected that hundreds of temporary jobs will be created during the construction phase, and once operational, the centre will require qualified personnel for cold chain management and logistics.
Tailored Financing for a Strategic Project
The operation has been structured by Dunas Capital Debt, the group's real estate debt advisory division. Its CEO, José María Sagardoy, highlighted that the project "represents a success story that reinforces our ability to design tailored financing solutions for the development segment."
Meanwhile, Javier Quintela, director for the Iberian Peninsula at Cheyne Capital Real Estate, noted that the Antequera Dry Port "represents exactly the type of logistics infrastructure that Cheyne Capital wants to participate in: strategically located, technically distinctive, and managed by an experienced operator like Ontime."
The location is key: the Antequera Dry Port, managed by Groupe IDEC, covers over 330 hectares and has direct connections to the Mediterranean and Atlantic rail corridors, as well as major road networks, ports, and airports. This makes Antequera a top logistics hub in southern Europe.
A Game-Changer for Andalusian Logistics
The arrival of Ontime, with its requirement for temperature control, reinforces the Dry Port's specialisation in high value-added services. This is not just another warehouse: it is a centre designed for the distribution of food, pharmaceuticals, and other temperature-sensitive products.
The project is part of the Andalusian Logistics Network, which aims to enhance intermodality and energy efficiency. The forecast is for construction to begin in the coming months, with the centre expected to be operational within 18 to 24 months.
For the people of Antequera, this news comes at a time of logistical excitement in the area. The Dry Port already hosts giants like DHL and Seur, and this new addition solidifies Antequera's position as the logistics pivot of Andalusia. Those travelling along the A-45 or the freight train will notice: more activity, more jobs, and hopefully, more wealth for the region.
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