Transaction / AssetsRetail park SellerVelacapital Inversiones BuyerAtalaya Superficies Comerciales € MM
Mazabi’s Subsidiary Atalaya Acquires a Retail Park outside Pamplona
25 March 2019 – Eje Prime
Atalaya Superficies Comerciales, the investment vehicle owned by the Mazabi Group, has purchased a retail park in Olaz (Navarra) from Velacapital Inversiones.
The asset, which has a surface area of 22,728m2, of which 12,000 m2 are leasable, is located 3km from Pamplona. Its tenants include McDonalds and La Tagliatella.
Atalaya, whose corporate purpose is to build retail and turnkey products for commercial operators, has now invested €30 million since its creation in October 2018 and so is considering a capital increase.
Original story: Eje Prime
Translation/Summary: Carmel Drake