• Transaction / Assets
    Habaneras shopping centre
  • Seller
    Heref Habaneras
  • Buyer
    Socimi Castellana Properties
  • € MM

Socimi Castellana Properties Buys Habaneras Shopping Centre for €80.6M

9 May 2018 – Eje Prime

A new retail operation has been closed in the world of the Socimis. Castellana Properties has completed the purchase of the Habaneras shopping centre in Torrevieja (Alicante), for €80.6 million, from the listed real estate investment company (Socimi) Heref Habaneras.

The shopping centre has a gross leasable area of 24,158 m2, spread over three floors and contains 70 stores, according to the purchaser, which has highlighted that the centre’s occupancy rate stands at 94%.

In a statement, the CEO of Castellana Properties, Alfonso Brunet, added that last year the Socimi acquired eleven retail parks in Spain worth around €300 million, making it “a strategic player in the real estate sector and, specifically, in the retail segment”.

Original story: Eje Prime

Translation: Carmel Drake