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Nuveen Puts its Islazul Shopping Centre Up For Sale for €320 Million

Nuveen purchased the complex in 2014 for 230 million euros; it has a GLA of more than 90,000 square meters.

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The manager Nuveen Real Estate has put the Islazul Shopping Center up for sale. According to Cinco Días, Nuveen is seeking to rotate its portfolio and is asking 320 million euros for the asset.

Islazul spans a gross leasable area of 90,700 square meters. It is home to 180 stores, including several from the Inditex group.

Read the full article in Spanish.

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