New Winds Group buys the Málaga Plaza shopping centre

New Winds Group buys the Málaga Plaza shopping centre

The asset, situated in the financial and commercial heart of Málaga, was until now in the hands of the investors Igueldo. For the moment, the amount of the transaction has not been revealed.


Aguirre Newman were consultants in this disinvestment through an improvement in the occupancy and quality of the tenants and post sale yields.


Málaga Plaza has a gross lettable area of 6,600 m2 and 20,615 m2 in buildings, spread over three retail floors and three underground with 320 parking spaces. At present, there are approximately three million visitors a year.


In the next few months, New Winds Group announced an ambition plan for future improvements to the shopping centre and the arrival of new retail brands

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