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Spain · SpainInvestment firm Ares Management Corporation has purchased the Pinatar Park shopping centre in San Pedro del Pinatar from Castellana Properties, taking over as owner and manager. This sale is part of Castellana Properties’ full divestment of its retail park portfolio in Spain to SPV 2025, a company owned by Ares, for a total of €279 million. The deal is expected to be completed on 1 April. The portfolio includes nine retail parks with a combined …See the Story
Castellana Sells Pinatar Park and Eight Other Retail Parks to Ares for €279 Million

Alovera · AloveraThe company specialized in technological logistics TCNET has closed the lease of a ship of 22,749 square meters in Alovera (Guadalajara), owned by Logigor, subsidiary of the American giant Blackstone. The operation, which has been advised by CBRE, represents a new step in the strategy of growth of this company dedicated to the distribution of technological products of brands like Toshiba, consolidating itself as one of the main specialized logis…See the Story
Toshiba Distributor Rents Logigor (Blackstone) a Logistics Ship in Guadalajara

Real EstateAlantra has launched its second European real estate debt fund with a target size of €200m (£173.2m). The Alteralia Real Estate Debt Fund II (RED II) builds on the firm’s first vintage, which has returned nearly two-thirds of capital to investors, the alternative asset manager said. The fund lends to European real estate asset owners, […] The post Alantra targets €200m for real estate debt fund appeared first on Alternative Credit Investor.See the Story