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Mirasierra Gallery & Puerta de Algete: the 2 Retail Parks that Abrdn Has Purchased from Ten Brinke

Leased in their entirety, the key to the success of both retail parks lies in having large supermarkets such as Aldi and AhorraMas as their main tenants.

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Abrdn (formerly Aberdeen) is continuing to close deals in Spain. In its latest purchase, the fund manager has acquired a portfolio made up of two retail parks located in the province of Madrid, owned until now by the Dutch developer Ten Brinke, according to El Confidencial.

The two assets are Mirasierra Gallery, located in the wealthy northern Madrid neighbourhood of the same name and opened in March, and Puerta de Algete, located about 30 kilometres northeast of the Spanish capital and in operation since 2018. The total amount of the transaction exceeded 40 million euros.

Read the full article in Spanish.

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