Schiphol Real Estate and Grontmij Real Estate to jointly develop near Malpensa airport

Schiphol Real Estate set up a joint venture, Malpensa Real Estate, with Grontmij Real Estate for the development of real estate near Malpensa Airport. Malpensa Real Estate works with the local landowners of the planned developments. The first project to be developed is Avioport Logistics Park.

Malpensa Real Estate wants to develop, manage and invest in several industrial sites around Malpensa Airport. The basic drive for this is the AirportCity formula of Schiphol Group by which concept real estate at airports is developed according to a well-thought through and airport focussed integral concept of real estate development.

Malpensa Real Estate wants to make an important and innovative contribution to Milaan Malpensa Airport by developing and managing intelligent real estate concepts that enhances the Airport product, realising a lively economic international business environment complementing the Airport Cargo City.

The key to the successful development of these business parks is the AirportCity concept integrating the Airports´ central function of major flows of passengers, business and goods with the economic momentum generated by these traffic flows. The different kinds of customers of the Airport are recognised by their functions, needs and demands and accommodated accordingly at the Airport.

Source: Schiphol Real Estate

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