Sintra's €25M Logistics Park to Create 100 Jobs and Improve Infrastructure

Experience in Portugal has shifted from seaside escapes to anticipating new distribution centres popping up along suburban stretches thanks to a fresh €25M injection in Sintra that promises jobs, modern logistics facilities, and a boost to the region’s infrastructure.

Key Takeaways

• A €25M injection will convert 2.7 ha in Sintra into a modern business park.

• The site delivers nearly 15,000 sq m of flexible units tailored for última milha operations.

• Developers have not secured pre-lease contracts, signaling strong market confidence.

• Plans to expand in Lisbon and Porto suggest a broader strategy across Portugal.

Sintra’s New Logistics Hub

The former industrial lot near the IC19 is being reborn as Campo Raso Business Park. Covering 2.7 ha, it will accommodate 15 modular units designed for businesses ranging from online retailers to artisanal workshops. Residents can expect up to 100 new positions, along with upgraded roads and amenities that smooth daily commutes.

Behind the Scenes: Investors’ Profile

Belgian investor Mitiska REIM and the UK’s Chancerygate have joined forces to tap into Portugal’s growing need for logística urbana. Since 2017, Mitiska has amassed over 150,000 sq m of commercial and mixed-use properties nationwide. Their collaboration underscores the appeal of the light-industrial niche in a market known for stability and competitive costs.

National Context: Portugal as a Logistics Crossroads

Portugal’s geographic position on Europe’s Atlantic edge, coupled with modern motorways like the A1 and A2, makes it ideal for just-in-time distribution. Double-digit growth in e-commerce has driven demand for urban depots, pushing prime logistics rents up by over 15% in Greater Lisbon and leaving vacancies at historic lows.

Implications for Businesses and Communities

Local SMEs can now access energy-efficient, smaller-scale units without long, costly leases. Vocational schools report rising interest in warehouse technology courses, while municipalities stand to collect higher business rates to reinvest in public transport and housing. The project also integrates renewable energy features, with solar panels and EV charging installations.

Looking Ahead: Expansion Beyond Sintra

Chancerygate and Mitiska are actively scouting sites around Porto’s A28 corridor and the Aveiro industrial belt. Their goal is to forge a pan-Portuguese platform valued at €250M within five years, cementing Portugal’s role as a strategic link in Europe’s digital economy infrastructure.