The iconic Wow Gran Vía building changes hands for €70M

Gregorio Jiménez, president of Restaurant Brands Iberia, enters the fashion world after closing a purchase agreement for the Madrid building, currently leased to Dimas Gimeno, responsible for the creation of Wow.

Thailand's Central buys German luxury retail property KaDeWe for €1bn

Thai retail giant Central Group has reportedly acquired the iconic KaDeWe department store building on Berlin's Tauentzienstraße from struggling Austrian property group Signa.

Madrid's high street surpasses 90% occupancy of commercial premises

Rents vary significantly depending on the street and the size of the premises, ranging from 35 €/sqm in premises of more than 1,000 sqm located in Gran Vía to 400 €/sqm in those with less than 100 sqm in Serrano.

Retail leads real estate investment in Spain with €832M in Q1

The retail sector is the leading sector in terms of investment, accounting for 38% of the total. It has managed to double the levels recorded in the previous quarter and to multiply by 3.5 the investment recorded in the same period of 2023.

Kering buys €1.3bn Milan building from Blackstone in Italy's largest single-asset deal ever

Kering, a French-based multinational corporation specialized in luxury goods, has announced the acquisition of the centrally-located Via Monte Napoleone 8 building in Milan in a deal said to be Italy’s largest single asset transaction ever.

Israeli fund Mdsr buys 22 supermarkets in Spain for €120M

The centres operated by the French retailer are located in Madrid, Barcelona and other Spanish cities and have a total surface area of 11,000 square metres. Until now, they were owned by the management company AEW.

Real estate in Portugal reached a total return of 6.8% in 2023

On April 16th the MSCI Portugal 2023 Annual Real Estate Index results will be presented. There is a heavier concentration in the retail and office sectors, thus these segments had a greater impact on the overall index performance.

Mexico's Cojab acquires three shopping centres in Spain for €70M

The portfolio acquired, previously owned by Eurofund and Patron, comprises El Mirador in Cuenca, Alzamora in Alcoy and Odeon in Ferrol, which together have a total of 60,000 sqm of retail space.

Finangeste sells Dolce Vita Miraflores

The shopping center has been acquired by an international investor. The shopping center, located in the municipality of Oeiras, will be renamed New Life Miraflores.

Lighthouse buys H2O shopping centre for $121M

The acquisition of the shopping centre in Rivas-Vaciamadrid, until now owned by CBRE IM and Alpha Real Trust, is in line with the South African investment fund's strategy to invest in strategic assets in developing areas.