La Marina covers a retail surface area of 35.599 m2 and its occupancy level stands at around 94%. The Llobregat center is smaller, with a GLA of 14.160 m2, and its occupancy rate amounts to around 66%. The value of the two Spanish establishments amounts to around €98 million.
One of the star shareholders of Vía Célere, and Värde, Marathon already owns one shopping center in Spain, the Bahía Azul in Málaga bought last year for €18.5 million, said the Spanish Real Estate.
These centers constituting the portfolio, along with 6 others Italian centers, were acquired by the Pradera European Retail Fund between 2006 and 2009 and their current market value amounts to €326 million.