Retail

Castellana

Santander Mexico’s President Seeks Commercial Properties in Spain to Invest in

His interest is focused on the retail segment, specifically, on flagship stores. Marcos Martínez Gavica wants to acquire establishments measuring around 2,000 m2.
Castellana

The Unfinished ‘Mamotreto’ Shopping Centre in the Canary Islands is a Burden for Municipal Budgets

The municipality of Santa Brígida has been servicing a debt amounting to €20 million with various companies for the last five years, which it took on to develop a shopping centre in the town centre. The project, popularly known as the ‘mamotreto’ (juggernaut), and the council had to stop construction after it was deemed illegal.

Huawei Opens Its Third Store in the Spanish Market in Barcelona

The store that the Chinese multinational has moved into used to belong to Bankia, but the entity sold it to BMO Real Estate Partners for €28 million two years ago.

ASG Considers Selling the Espacio Torrelodones Shopping Centre

Having invested €5 million in improving the complex, the company is now exploring the possibility of selling the asset, which it acquired in 2016.