Saba wins management of car parks in Chile, Italy, Portugal and Spain

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Saba wins management of car parks in Chile, Italy, Portugal and Spain

Barcelona-based car park operator, Saba, has been awarded several contracts for management of new car parks in different countries during the last weeks.

In Spain Saba was awarded in December 2013 the management and operation of 72 car parks of Adif, Spanish railway operator. The contract represents the management of more than 22,000 car spaces in 51 railway stations throughout Spain for a period of 10 year.

The contract, which is part of the revaluation program of Adif assets, will generate €140.76 million of revenue to the public entity for its primary activities: construction, maintenance and management of railways.

In January 2014, Saba has been granted the ownership of a new car park in Barcelona, located at number 85 of the Gran Via de Carles III. The location, already managed by Saba since April 2012, boasts two underground floors with a capacity of 1,096 parking spaces, of which Saba will manage 569, destined to short stays and subscribers, while the remaining parking spaces are ownership of the company. For this transaction, Saba will disburse €15 million.

With the addition of this new hub to Saba's car park network, the company manages more than 14,000 parking spaces in the Catalan capital

Saba has also inaugurated in January a car park in the city of Verona. The complex consists of a total of 400 parking spaces, of which 350 will be for short stays, while the remaining 50 are destined to residents.

Saba, which has invested in the construction of this project a total of €8.6 million, will manage the car park under concession for a period of 60 years.

This location has 4 floors, three of which are underground and is built in the district of Borgo Trento, located at the entrance to the old town. Its proximity to the Maggiore Hospital car park makes it the reference car park of this medical center.

Saba is present in 21 cities in Italy and manages 60 car parks with a total capacity of 30,000 parking spaces. The company is the leading operator in Italy, being present in the main cities of the country: Rome, Milan, Verona, Venice-Mestre, Bologna, Genoa, Pisa, Perugia and Sassari, among others.

Saba has also signed two new operations in Chile and Portugal in January 2014. In the Portuguese country, Saba has obtained the car park management of the new campus of Porto Business School of the University of Porto. Saba will manage this hub, with a capacity of 400 parking spaces spread over two underground floors, for a period of three years.

Following these awards, Saba remains committed to growth in Portugal. Present since 1996 in nine cities, including Lisbon and Porto, it manages a network of 23 car parks with a total capacity of almost 20,000 parking spaces.

Finally, in Santiago de Chile, Saba has been granted the management of the underground car park of the Anacleto Angelini Innovation Center (CIAA in Spanish) of the Pontificia Universidad Católica de Chile, with 399 parking spaces. The recently built center has 9,000 square meters, spread over 10 floors. Saba is the leading car park operator in Chile, with more than 9,000 parking spaces, most of them located in the capital Santiago de Chile. In 2014, Saba will deploy the TAG system, similar to VIA T, in its car park network in Chile.

Saba Parkings is the leading operator in Spain and one of the biggest in Europe. The company will manage more than 180,000 parking spaces and 327 centers in Spain, Italy, Portugal, Chile, France and Andorra. Saba Parkings is part of Saba Infraestructuras group, a leading company in car park management since 1966 and in logistics park management since 1999.

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