Login

Savills Buys Santander Retail Park from Citygrove and Burlington for €60 Million

Property Was Worth €40 Million on Completion in 2020
The circa 20,000-square-metre site is almost fully let to 23 tenants including  grocer Mercadona. (Citygrove)
The circa 20,000-square-metre site is almost fully let to 23 tenants including grocer Mercadona. (Citygrove)

Savills Investment Management has bought the Bahia Real retail park in Santander, Spain, for one of its pooled funds, for circa €60 million in an off-market transaction. The seller of the property is project developer Citygrove and Burlington.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Savills Buys Santander Retail Park from Citygrove and Burlington for €60 Million