Spain

aRetail closes the sale of a 180 sqm premises in Madrid

aRetail closes the sale of a 180 sqm premises in Madrid
THE PREMISES SOLD BY ARETAIL IS LOCATED AT NUMBER 13 CALLE AYALA IN MADRID.

The consulting firm specializing in the sale and rental of commercial premises in prime areas aRetail, belonging to the aFinance group, has closed the sale of a 180 sqm premises, located at number 13 Ayala Street, to a Basque investment group. An establishment located in the capital, made up of a space of 120 sqm on the ground floor plus 60 sqm of basement, in which Intimissimi (Calzedonia Group) is located, a brand that will remain as a tenant.

It is an off-market operation that has provided a return of around 3.75%. Ayala Street, in the Barrio de Salamanca, is one of the most important shopping and tourist areas in Madrid, where you can find important fashion firms, prominent national and international franchises, as well as other emblematic businesses.

As Miquel Roig, CEO of aRetail, explains: “We are experts in the prime segment and we manage operations in the most desired commercial avenues in the country. We offer a personalized service, fully adapted to the needs of each client, which is why we also provide the best off-market investment options”.

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