Key highlights of the transaction:
- Asset overview: The mall spans approximately 36,984 m² and delivers a strong 7% yield, representing a compelling return in today’s retail landscape
- Seller and financing: Acquired from DekaBank Deutsche Girozentrale’s WestInvest subsidiary, the deal was backed by financing from Aareal Bank AG
- Operational and advisory team: CBRE Spain will manage the property. Ashurst Spain acted as legal advisor, while Java Capital served as JSE sponsor and Stonehage Fleming as company secretary
This purchase signals renewed confidence in Spain’s brick-and-mortar retail sector. Lighthouse’s investment underscores strong demand for well-located, income-generating assets offering sustainable returns across Europe.
