Lisbon's Industrial Real Estate Market Gets a Jolt: Worten to Build Portugal's Largest Logistics Hub
Foreign investors focused on Portugal's industrial and commercial real estate sectors have a major new development to watch. Retail giant Worten, in partnership with Merlin Properties, is launching the construction of a 115,000-square-meter logistics hub in Castanheira do Ribatejo, a strategic location in the Lisbon metropolitan area. This facility, the 'Worten Orders Park,' is set to become the largest of its kind in the country, signaling a landmark investment in the region's infrastructure.
For investors, this project is a clear indicator of the robust growth and future potential of Portugal's logistics market, driven by the demands of e-commerce and complex international supply chains. The facility is scheduled to be fully operational by 2028.
What Foreign Investors Need to KnowThe Worten Orders Park is more than just a warehouse; it's a high-tech distribution center designed for maximum efficiency. "This project represents a significant leap in our operational capacity," said a representative from Merlin Properties. "For the real estate market, it anchors Castanheira do Ribatejo as a top-tier logistics location, likely driving up land values and rental demand in the vicinity." The hub will create 350 permanent jobs and will be equipped with automation capable of handling 10,000 orders per hour, serving Worten's entire Iberian Peninsula operation.
Actionable Steps for Today's Buyer- Analyze Ancillary Opportunities: The development of a major logistics park often spurs growth in supporting industries and services. Investors should look for opportunities in smaller commercial spaces, residential-for-rent properties for employees, and land parcels in the surrounding area.
- Evaluate Infrastructure Links: The success of a logistics hub depends on its connectivity. This project's location was chosen for its excellent access to major highways connecting Lisbon to the rest of Portugal and Spain. This enhances the value proposition for any industrial asset in the region.
- Consider ESG Factors: The facility's focus on sustainability, with solar power and water recycling, aligns with the growing demand for green industrial buildings. Investors should note that properties with strong ESG (Environmental, Social, and Governance) credentials are often more attractive to high-quality tenants and can command premium valuations.
This development solidifies the Lisbon region's position as a critical logistics hub in Southern Europe. Explore opportunities with realestate-lisbon.com.
