Logicor completes leasing of Alovera logistics hub with Cainiao deal strengthening presence in Spain’s key logistics corridor

Logicor completes leasing of Alovera logistics hub with Cainiao deal strengthening presence in Spain’s key logistics corridor

(IN BRIEF) Logicor has reached full occupancy at its Rio Henares 18 logistics park in Alovera, Spain, after signing a major lease with Cainiao, Alibaba Group’s logistics arm. Cainiao will occupy a 37,596 sqm unit in Building 3 starting April 2026, completing the park’s leasing shortly after another large tenant secured Building 2. The transaction is notable given the limited number of logistics deals exceeding 30,000 sqm in Spain, highlighting the importance of the agreement within the market. The park’s strategic location near Madrid with strong transport connectivity makes it highly attractive for large-scale logistics operations. Cainiao’s move reflects its continued investment in expanding warehouse infrastructure and automation capabilities to support growing cross-border e-commerce demand across Europe, while Logicor strengthens its presence in the Henares Corridor as a key logistics real estate provider.

(PRESS RELEASE) LONDON, 28-Apr-2026 — /EuropaWire/ — Logicor has finalized the full commercial occupancy of its Alovera Logistics Park Rio Henares 18 in Guadalajara, Spain, after securing a significant lease agreement with Cainiao, the logistics and supply chain subsidiary of Alibaba Group.

The agreement sees Cainiao take occupancy of Building 3, a modern logistics unit offering 37,596 square metres of gross leasable area, with the lease commencing in April 2026. This latest transaction marks the completion of leasing across the entire park, following another major tenant agreement for Building 2 just three months earlier.

Situated along Madrid’s third ring road with direct connectivity to Spain’s national motorway network, Rio Henares 18 is strategically positioned to support logistics operators requiring scale, accessibility, and high-quality infrastructure. The park’s location within the Henares Corridor—one of Spain’s most important logistics hubs—adds to its appeal for companies managing large-scale distribution networks.

The deal stands out in the broader Spanish logistics market, where transactions exceeding 30,000 square metres remain relatively rare. Only a handful of agreements of this scale were completed nationwide in the previous year, underscoring the significance of this lease.

The expansion aligns with Cainiao’s broader strategy to strengthen its warehouse footprint across Europe, driven by the continued growth of cross-border e-commerce. The company is investing in advanced automation technologies, including proprietary robotic systems, to enhance operational efficiency and deliver faster, more seamless logistics services to customers in Spain.

For Logicor, achieving full occupancy at Rio Henares 18 highlights its ability to attract leading global logistics operators and deliver large-scale facilities that meet evolving market requirements. The successful leasing of such a sizeable unit reflects both strong demand and the company’s positioning within one of Spain’s most competitive logistics regions.

ABOUT LOGICOR
Logicor is a leading owner, manager, and developer of logistics real estate in Europe. As of December 2025, our portfolio comprises 17 million square metres located in key European logistics markets and close to major population centres, allowing us to serve over 1,600 customers.
Our properties and the strength of our network enable our customers’ goods to move through the supply chain and reach society, day after day. For more information, please visit www.logicor.eu.

For information

Media contacts Logicor: Cinzia Furlani — cinzia.furlani@logicor.eu LLYC: Adriana González — adriana.gonzalezg@llyc.global | +34 674 200 7

SOURCE: LOGICOR