Spain

Savills AN reinforces its retail team and increases its commercialization portfolio

Savills AN reinforces its retail team and increases its commercialization portfolio
Carmen Abolafia, Miren Urteaga, and Salomé Cruz

The real estate consultant Savills Aguirre Newman has incorporated Carmen Abolafia, Miren Urteaga, and Salomé Cruz into its Retail Services area with the aim of reinforcing the marketing of the spaces available in the Castellana Properties portfolio of shopping centers and parks. The move comes after the agreement by which the socimi has entrusted the management of the marketing of all its commercial spaces in Spain to the consultancy.

The experience and knowledge of Carmen, Miren and Salomé, who from their previous position in another consulting firm already provided services for Castellana Properties —and who have previously worked for companies that own and manage shopping centers such as Klepierre, Grupo Lar, Orion or Compañía de Phalsbourg— will accelerate the objectives set to add value to assets. Its function will be to optimize the commercial mix in accordance with current consumption trends, generate income via specialty leasing in common areas and ensure maximum occupancy levels.

Patricia Matias, National Director of Retail Services at Savills Aguirre Newman, commented that "we have taken a great leap in 2021, convinced that the retail sector in Spain has a long way to go. The incorporation of such expert professionals will allow us to continue developing highly specialized advice to expand an offer that is increasingly diversified and adapted to the new needs of the consumer, using technology and adding value through the inclusion of mixed uses.”

In 2021, Savills Aguirre Newman's portfolio of Retail Services shopping centers and parks has increased to 61 assets and reached almost 1,200,000 sqm of retail space throughout Spain, with a team of more than 100 people specialized in retail.

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