iPark acquires Parking Hispano in Algeciras, consolidating its presence in the province.

The company has 240 parking spaces just 600 metres from the passenger terminal to Ceuta and is the most affordable car park company in the city. the Ceuta passenger terminal and is positioned as the most economical car park in the city.

Parking Hispano is the second parking lot managed by iPark in the city and the fourth in the province.

iPark Estacionamientos y Servicios has announced the recent acquisition of Parking Hispano, located at Avenida Gesto por la Paz, 3, in the municipality of Algeciras. With a total of 240 street-level parking spaces, the car park is strategically located just 600 metres from the passenger terminal to Ceuta and is also the most affordable car park in the city.

This is the second parking lot acquired by iPark Estacionamientos y Servicios, after purchasing the Mercado de Abastos public parking lot in 2018. It is a further step towards consolidating its presence in the province, where the company already manages four parking lots.

iPark thus continues its expansion in the Iberian Peninsula, with a total of 24,662 parking spaces in Spain, spread over 33 municipalities, and 3,670 spaces in Portugal, spread over five municipalities. The company also manages more than 5,900 parking spaces in five Spanish airports and 2,800 in two Portuguese airports.

“We are very satisfied to have acquired Parking Hispano and to be able to offer our customers the most affordable parking option in the city, without giving up on quality of service and a strategic location,” said the General Director of iPark, Juan Manuel Mogarra. “We will continue working to expand and consolidate in the parking market in Spain and Portugal.”

About Ipark

iPark Estacionamientos y Servicios is a company created in 2013 with the goal of managing parking, both in structure and at street-level, providing mobility solutions and services to cities.

In September 2017, it expanded its scope of action from the Basque Country, making the leap to the rest of Spain and Portugal.

Currently, the company is very active in the acquisition and management of car parks located in the main cities of the Iberian peninsula. In both the urban and travel sectors, it is present in different Spanish car parks. Its scope of action also extends to parking on public roads (popularly known as ORA zones), and complementary activities such as towing and vehicle storage.