Lar España acquires the Abadía de Toledo gallery for €14M

Lar España acquires the Abadía de Toledo gallery for €14M

 

The gallery occupies 6,138 square meters which, added to the 37,114 square meters of the commercial complex, reach an area of 43,252 square meters. This way, the socimi becomes the owner of 80% of the total commercial area of Parque Abadía. Parque Abadía has a total area of 54,100 square meters and a parking lot for 2,861 spaces.

The shopping gallery has an occupation of 92% and 38 stores, with brands such as Mango, Springfield, Cortefiel, Décimas, C & A, Women's Secret, Benetton, Gilgo and Pimkie. Stand out the fashion stores, which occupy 60% of the gallery, followed by services - Movistar, Gelovision-, with 18%, and restoration, with 4%. The operation has been advised by DLA Piper.

 

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