The French investor Sodify, part of the Tikehau Group, has acquired the Imaginalia shopping centre, located in Albacete, from PineBridge Benson Elliot, a European real estate private equity firm owned by MetLife Investment Management.
The asset has a total floor area of approximately 44,318 sqm dedicated to retail and leisure use. Opened in 2006, the complex is the city’s main shopping centre and operates under a model centred on a food operator as the main anchor, complemented by a range of retail and dining options.
PineBridge Benson Elliot acquired the asset in 2014 from funds managed by AXA Real Estate and, since then, has developed a management strategy aimed at improving the property’s positioning and performance, in collaboration with Estabona Asset Management.
The transaction was completed following a competitive sale process in which, according to the company, interest was expressed by various investors. Sofidy’s acquisition takes place against a backdrop of activity in the retail property segment linked to essential goods.
Fernando Cerrada, a representative of PineBridge Benson Elliot, has stated that the transaction is in line with the fund’s investment strategy, which focuses on the active management of real estate assets.
Meanwhile, the transaction follows the integration of PineBridge Investments into MetLife Investment Management, completed in December 2025, which has resulted in a platform with a global presence and operations across various investment segments.
