IBA Capital creates new €300M fund for high street retail

IBA Capital creates new €300M fund for high street retail

 

As explained by Thierry Julienne, founder of this investment vehicle, the new fund of IBA Capital will focus on cities like Malaga, Seville, Valencia, Santander, La Coruña or Vigo, among others. The idea is to "create a portfolio of prime assets and we do not want properties to create value, but properties that are in profitability with operators such as H&M, Mango or chains of Inditex group as tenants", explains to EjePrime. "It is a safe fund, born with an investment capacity of €100 million but can reach up to €300 million in the coming years," which is mainly intended for "conservative and Spanish" investors, such as family offices.

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