Parc Sagunt, in Sagunto, lands the biggest logistics deal in Valencia region in 2026
A platform of 81,594 square metres in Parc Sagunt II, in Sagunto, led the biggest logistics deal in the Valencian Community in the first half of 2026, according to EY's Real Estate Telescope Logistics report.
The platform, located in Parc Sagunt II (the second phase of the Sagunto industrial park), was leased for 81,594 square metres. That made it bigger than any other deal closed in the Valencian Community between January and June, according to consultancy EY. It was followed by a 20,280 square metre warehouse in Sollana, a 19,176 square metre one in Loriguilla, and an 18,549 square metre pre-let in Picassent, all well below the volume contracted in Sagunto.
Parc Sagunt is the industrial and logistics estate built on land within the Sagunto municipality. Its first phase, Parc Sagunt I, covers three million square metres. Its second phase, Parc Sagunt II, sits just 2.4 kilometres from the Port of Sagunto (the city's industrial harbour), a closeness that companies looking for large sites value highly when choosing where to build logistics centres.
The area's growing weight is not only about logistics. In 2023, the Consell (the regional government of the Valencian Community) approved a direct grant of 90 million euros for Power HoldCo Spain SAU, the Volkswagen subsidiary building its battery cell factory, known as PowerCo, in Parc Sagunt II. That industrial investment in turn draws logistics operators who need warehouses close by to supply the gigafactory's chain.
This semester's deal is not the first large one in the park. In January 2026, Alveston ITG, a company of the Inditex group (the owner of Zara), bought a 381,804.16 square metre plot in Parc Sagunt II for 64,906,707.20 euros to develop its own logistics project.
Public investment also lies behind the park's growth. The urbanisation works for Parc Sagunt II were put out to tender for 226,630,664.83 euros, around 226.6 million, not including VAT, a budget that explains why available land in the area has grown so fast over the last two years.
The park itself carries a history of large figures. According to El Debate, in February 2024 the Sagunto Intermodal Platform, inside Parc Sagunt II, occupied a 688,000 square metre plot whose first phase was awarded for 98.1 million euros, with the park's urbanisation works expected to finish on 3 August 2026. The Alveston ITG purchase, as El Mercantil reported in November 2025, was paid in cash with no deferred payment, after the Inditex subsidiary submitted its bid for the plot in October 2025. Months later, in April 2026, edatv.news reported that the Generalitat had received two new business project proposals to set up in the park, while Sagunto mayor Darío Moreno said the park offers stability despite a complex global context.
The Sagunto deal came amid a shift in the Valencian logistics market. Across the whole Valencian Community, contracted space reached 217,305 square metres in the first half of 2026, up 49.1% on the same period last year, while availability rose to 6.36% of an analysed stock of 4.55 million square metres, up from 0.87% at the end of 2025. New supply arrived mainly in Loriguilla, with about 97,000 square metres; Moncada, with over 41,000; and Bétera, with 25,284.
Despite the higher availability, prices have not dropped: prime rent stays at 5.85 euros per square metre a month, barely above the 5.80 euros recorded at the end of 2025, and some new buildings ask up to 5.90 euros. EY estimates that only 58% of the logistics land analysed in the province is profitable to build on, which explains why developers and companies increasingly turn to turnkey projects, pre-lets and self-development rather than speculative warehouses.
For Sagunto, what matters is not only the size of this one deal but its knock-on effect: every new warehouse built next to the port and the future battery gigafactory adds demand for land, logistics jobs and freight traffic on an axis that, according to EY, already concentrates the biggest activity of the semester in the whole region.
According to Valencia Plaza, with additional data from Sepides, the Generalitat Valenciana, El Debate, El Mercantil and edatv.news.