AEW announces the acquisition of two prime retail parks in Spain. RivasFutura is the largest prime retail park in the Madrid region, strategically situated along the motorway connecting Madrid to Valencia and well connected to Madrid city centre. Vistahermosa is an urban retail park in Alicante with a strong leisure, entertainment and home offering and is easily accessible by road networks to a wide catchment area along the tourist coast.

Carsten Czarnetzki, Country Head of Spain, said: “AEW is an active investor in the Spanish market, and these two acquisitions bring total assets under management in Spain to €1.1bn. AEW is also becoming one of the largest investors in Spanish retail with over 230,000 sqm of retail AuM.”

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