Newdock

Newdock is a logistics management and investment platform focused on developing and managing state-of-the-art logistics spaces in Spain, France, and Italy. The company is owned by Goldman Sachs Asset Management. At present, Newdock boasts a portfolio featuring nine exceptional grade A projects, each at distinct stages of development within prime logistics zones across Spain. These projects comprise around square meters of leasable space, equivalent to approximately 1.0 million square meters of land. The total investment for these developments surpasses €600 million. As of December 2023, Newdock has five projects under operation in Madrid, Illescas (Toledo), and Cártama (Málaga) representing square meters. Notably, two new additional projects are currently undergoing construction in Illescas and Valencia will add square meters to the portfolio. These are projected to be finalized by the end of 2024 and early 2025, respectively. Furthermore, Newdock possesses an exclusive reserve spanning an additional square meters, designated for future project development in major Spanish logistics hubs. These projects will be undertaken via both 'turnkey' and 'at risk' methodologies. Aligned with Goldman Sachs' global commitment to environmental, social, and governance (ESG) principles, Newdock strongly emphasizes incorporating these criteria into critical aspects such as construction sustainability, community engagement, and employment generation. The Newdock team comprises ten highly skilled professionals who bring a wealth of international experience in the logistics and industrial sectors. Their expertise spans investment, design, development, asset management, and legal domains.