Two prime commercial buildings in Parque Galaria, located in Pamplona, occupied by El Corte Inglés Oportunidades, Aldi and Feuvert.
Parque Galaria has excellent transport links to the city centre via the PA-31 highway and the AP-15 and PA-30 ring roads, which allow the inhabitants of a large metropolitan area to easily access the retail area. Parque Galaria has a very large catchment area, with more than 240,000 people living ten minutes away and almost one million people living just half an hour’s drive away. The Park is considered to be the most important retail park in Navarra. Other top tier brands in the retail park include Leroy Merlin, Media Markt, Forum Sport and Kiabi, which are complemented by La Morea Shopping Centre.
The retail warehouses comprise a gross lettable area of 4,108 sqm and are 100% occupied. The tenants in the retail warehouses are the companies Aldi (1,250 sqm), Oportunidades El Corte Inglés (1,925 sqm) and Feuvert (933 sqm).
High liquidity asset size of the investment, prime location, the prestige of the tenants and the term of contract.