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- aRetail Takes Advantage of the Favourable Winds on the High Street in Madrid & Barcelona to Close 60 Operations in 2022by Carmel Drake on December 1, 2022 at 9:24 am
The consultant has closed ten operations alone on Calle Fuencarral in the Spanish capital and Paseo de Gracia in Barcelona.
- General de Galerías Comerciales to Cease Being a Socimi in Order to Invest its Profits in Valdebebasby Carmel Drake on November 30, 2022 at 3:20 pm
The fourth largest Socimi by portfolio value wants to shore up its 500 million euro investment and does not rule out returning to its Socimi status within three years.
- Retail Rents on Madrid’s Gran Vía Are 20% Less Than at the End of 2019by Carmel Drake on November 29, 2022 at 4:04 pm
Data from the Brainsre real estate big data platform confirms that along most sections of Madrid's main thoroughfare, tenants are paying 20% less for their retail premises than at the end of 2019.
- The Socimi Castellana Properties Increases its Net Profit by 55.4% to €26.4 Millionby Carmel Drake on November 24, 2022 at 9:52 am
The total value of the Socimi's portfolio amounts to 1.012 billion euros, or 1.105 billion euros if we include its stake in Lar España.
- Lar España Overcomes the Effect of the Pandemic on its Shopping Centres & Quintuples its Profitsby Carmel Drake on November 23, 2022 at 11:34 am
The Socimi closed the period from January to September 2022 on the up thanks to an improvement in revenues and a higher valuation of its assets, which were reviewed in June.
- Mirasierra Gallery & Puerta de Algete: the 2 Retail Parks that Abrdn Has Purchased from Ten Brinkeby Carmel Drake on November 10, 2022 at 1:53 pm
Leased in their entirety, the key to the success of both retail parks lies in having large supermarkets such as Aldi and AhorraMas as their main tenants.
- Footfall Increases at Shopping Centres in Spain With Respect to 2021by Carmel Drake on November 10, 2022 at 9:53 am
The cumulative figures for shopping centres in Q3 2022 compared to Q3 2021 continue their upward trend, with an increase of 5.38% in terms of sales and footfall.
- Investment in the Retail Sector Rises by 23%by Carmel Drake on November 4, 2022 at 10:10 am
A report from Savills confirms the recovery of the market during the first nine months of the year after a 2021 that was characterised by partial restrictions due to Covid.
- Colonial Expects to Earn €25 Million a Year from Madnum, its Mixed Use Mega Project in Méndez Álvaroby Carmel Drake on November 4, 2022 at 9:59 am
The Socimi has unveiled a campus in which it will invest 323 million euros to create 56,000 square metres of offices, 374 rental homes and 5,000 square metres of retail space.
- The Lowdown on the New El Mayorazgo Shopping Centre in Málagaby Carmel Drake on October 27, 2022 at 10:37 am
El Mayorazgo shopping centre is close to two of the most expensive urbanisations in Málaga that are home to residents with some of the highest income levels in the country.