New step for Microsoft’s entry into the community. The Government of Aragon became official this Wednesday Sale of the land you own, Located in Zaragoza’s Recycling Technology Park (PTR), It is in favor of the computer giant developing a new data campus there. The economic value of the transaction is 24.5 million euros. The acquired land was divided into two parcels corresponding to a total area of 305,626 square meters.
The operation was approved this Wednesday, after the Government of Aragon declared the project as a regional investment that concerns the whole society on October 25 and the General Directorate of Contracting, Heritage and Organization gave a positive report on the sale on November 2. DGA. In particular, the signed contract records the sale of two different areas, both of which belong to the Administration.
On the one hand, the sale of the first PTR plot is allowed, 257,813 square meters, according to cadastral data and boundaries. Moreover, An agreement was reached on the sale of 15% of the land corresponding to another land, In this case, according to the cadastre, it is 318,753 square meters and its borders.
Working conditions
Likewise, a number of sales conditions have also been established.Ensuring that the project is developed within reasonable periods of time and in case of non-compliance, it will force the company to compensate the autonomous community of Aragon with 15% of the sales price as compensation.
Among these conditions, for example, it is stated that the commissioning phase of the data center must be completed within four years from the date. The remaining buildings will be completed within a maximum of 15 years until PIGA is approved and the campus is completed.or that Microsoft may not sell the land in question or the buildings constructed on it for 10 years following the sale without the prior consent of the Government of Aragon.
“We are making progress on the arrival of Microsoft” Mar Vaquero, vice president and advisor for Economy, Industry and Employment of the Government of Aragon, announced this Wednesday that with this procedure, another step has been taken to “translate into reality” of the investment that the company announced almost a month ago. . He emphasized that the project will serve to “improve the lives of Aragonese people” and strengthen the regional Executive’s commitment to technology and innovation.
Source: Informacion

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