Óptima Retail Buys a Commercial Premise in Burgos

5 November 2018 – Eje Prime

Óptima Global Services is expanding its retail portfolio. The company has just closed the purchase of a commercial premise in Burgos, which it has carried out through its investment fund Óptima Retail, specialising in these types of assets.

The store is located at number 9-11 Calle Vitoria, one of the main commercial thoroughfares in the city. It has a surface area of 400 m2 and is currently leased by the perfume chain Douglas.

With this operation, Óptima Retail has achieved 90% of its investment objectives for 2018. Meanwhile, the parent company has whereby exceeded €600 million of assets under management. During 2019, the company plans to incorporate an additional €100 million, of which €30 million will be for Óptima Retail.

“The management of real estate assets and, therefore, asset management, has become the axis of the company’s strategy”, said Luis Vila, Partner and CEO of Óptima Global Services in a statement. “Most of our efforts in the future are going to be directed towards strengthening this service”, he adds.

Founded in 2004 and headquartered in Madrid, Optima Global Services is a group of companies dedicated to the real estate and energy sectors. One of the company’s areas of operation is the creation and management of real estate funds, both external and own funds. The company operates not only in retail, but also in the residential, industrial, hotel and alternative asset sectors, such as hospitals and student residences.

In addition to Optima Retail (its youngest vehicle), the company also operates with the fund Vastned, based in Amsterdam. In that case, Vastned focuses on assets located on the prime thoroughfares of European cities, with Madrid and Barcelona amongst the objectives in Spain. For example, Vastned’s assets include the properties at number 15 c/Ortega y Gasset and number 37 c/Fuencarral, in Madrid.

Optima Global Services also manages a portfolio of six shopping centres in Spain, located in Madrid (La Dehesa), Valencia (Mercado de Campanar), Zaragoza (The Street Outlet), Córdoba (Connecta), Ciudad Real (Puerta del Ave) and Vigo (Travesía de Vigo). The company manages assets worth €600 million.

Original story: Eje Prime 

Translation: Carmel Drake

Optima Retail Buys Store in Marbella for €3M as part of €60M Investment Plan

12 September 2018 – Eje Prime

The retail sector in Marbella is attracting attention from investors. Optima Retail, one of the funds owned by the Spanish real estate and energy consultancy Optima Global Services, has acquired a retail outlet in Puerto Banús for €3 million. The operation forms part of the fund’s investment plan, through which it intends to disburse €60 million between now and 2019, according to explanations from Javier Alcalde, CEO of the group, speaking to Eje Prime. The objective will involve the firm spending €30 million in 2018 and another €30 million in 2019.

Launched in 2017, Optima Retail has just signed the purchase of the store located at number 17 Muelle de Benabolá in Puerto Banús from a family office. The asset, which has a surface area of 100 m2, is, and will continue to be occupied; it is let to the multi-brand footwear firm RKS. The operation has been advised by the real estate consultancy Catella.

The store displays the characteristics that the fund Optima Retail seeks for its portfolio: located in a prime area or provincial capital, as well as prices that do not exceed €4.5 million. The fund currently owns six units, located in cities such as Segovia, Vigo, Marbella and León.

Founded in 2004, and headquartered in Madrid, Optima Global Services comprises a group of companies dedicated to the real estate and energy sectors. One of the company’s areas of operation is the creation and management of real estate funds, both for external clients and on its own behalf. The company operates in a number of sectors, from retail to residential, to industrial, to hotel and including alternative assets such as hospitals and student halls.

Besides Optima Retail (its youngest vehicle), the company also operates through the fund Vastned, based in Amsterdam. In that case, Vastned focuses on assets located on prime streets of European cities, with Madrid and Barcelona amongst its targets in Spain. For example, Vastned’s assets in the Spanish capital include the properties at number 15 c/Ortega y Gasset and number 37 c/Fuencarral.

Optima Global Services also manages a portfolio of six shopping centres in Spain, located in Madrid (La Dehesa), Valencia (Mercado de Campanar), Zaragoza (Plaza Imperial), Córdoba (Connecta), Ciudad Real (Puerta del Ave) and Vigo (Travesía de Vigo). The company manages assets worth €600 million.

Original story: Eje Prime (by P. Riaño)

Translation: Carmel Drake