Rivas Futura thus becomes Lar España's first major commercial asset in Madrid, which strengthens its retail portfolio. In addition, with this acquisition, Lar España becomes the first operator of commercial parks in Spain, with an area of 152,000 m2 (in addition to Rivas Futura, it has Megapark Barakaldo, Vistahermosa Park in Alicante and Abadía Park in Toledo).
Rivas Futura is, with an area of 55,000 m2, the third largest commercial complex in Madrid and the ninth in Spain. Six million people visit the shopping every year and the occupancy rate is 94%. It has a total of 24 tenants, among which stand out Media Markt, Conforama, Toys R Us and Kiabi.
The commercial complex is located in Rivas Vaciamadrid, 15 kms from the center of Madrid and one of the cities with the highest growth in Europe - its population has increased 184% between 2000 and 2017. The area of influence of the commercial complex is very significant, as nearly 400,000 people live 20 minutes from Rivas Futura.