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Socimi Castellana Properties Buys Habaneras Shopping Centre for €80.6M

Posted by: In: Real Estate 10 May 2018 Comments: 0 Tags: , , , , , , , , , , ,
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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

The post Socimi Castellana Properties Buys Habaneras Shopping Centre for €80.6M appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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