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- EVENTS CALENDAR 2022
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31 March 2022
Vukile Year-End
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30 September 2022
Vukile Half Year
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Top 15 Retail Centre's: El Faro (Spain)
El Faro is the largest shopping and leisure centre of Badajoz, the nearest city to the Portuguese border.
Among its 106 stores there are international brands such as Primark (the only store in the entire Region), Inditex Group, Media Markt, Hipercor or El Corte Inglés Outlet that, together with its wide range of restaurants, have made El Faro a commercial icon in the west of Spain and Portugal (Alentejo), with a catchment area of c. 520K inhabitants.
Region Extremadura Gross Lettable area 40 318m² Monthly Rental * €19/m² National Tenant exposure 96% Vacancy 1.3% * Average base rental excluding recoveries
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Top 15 Retail Centres: Bahía Sur (Spain)
Shopping CentreBahía Sur is located in the city of San Fernando (Cádiz) in a unique natural environment with views to the Bay of Cadiz. The shopping centre has a catchment area of c. 675K inhabitants, and it offers a modern concept of retail in which shopping, leisure and natural spaces merge to create a unique place and experience.
Recent reconfiguration projects have increased the presence of international brands. Primark will open by the end of 2021 and other brands like Lefties and Espaço Casa arrived recently, along with a new Premium Yelmo Cinemas with the latest technology in a space of 3,000 sqm. Restaurant offering in Bahía Sur includes American, Asian, Mexican, Italian or Mediterranean cuisine with different restaurants and coffee shops.
Region Andalucia Gross Lettable area 35 333m² Monthly Rental * National Tenant exposure 95% Vacancy 1.7% * Average base rental excluding recoveries
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Top 15 Retail Centres: Los Arcos (Spain)
Los Arcos is one of the largest shopping centres of Seville. Opened in 1992 along with the Universal Exhibition, it was the first Shopping Centre in Seville and, since 2013 has a completely renovated image and architecture, with wide and bright corridors for a better customer experience. After the purchase of the Hypermarket surface by Castellana Properties in 2019, the Shopping Centre has improved the commercial mix on the ground floor with international and national brands like Mercadona, Media Markt, and Espaço Casa as key anchors.
The upcoming refurbishment project involves the office building adjacent to Los Arcos shopping centre, which comprises over 4,600 sqm GLA and is arranged over four floors. The building will be transformed to increase the leisure and food offering of Los Arcos, that will further cement its leading position in the city of Seville.
Region Andalucia Gross Lettable area 26 680m² Monthly Rental * €24/m² National Tenant exposure 96% Vacancy 8.8% * Average base rental excluding recoveries
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Top 15 Retail Centres: Granaita Retail Park (Spain)
The retail park is located in Pulianas, a suburbian town that surrounds the northern part of the city of Granada. The retail park is embraced in a larger retail hub of more than 80,000 sqm GLA forming the largest of the region. Granaíta Retail Park is the result of the integration of Kinepolis Park and the Alameda Shopping Center. After an investment of 5,5 million euros, it was reopened in March 2019 with a renovated image, under a unique brand and a modern design. Granaita has become the new hub to respond the demand of entertainment, fashion and leisure for youth and families of Granada and its metropolitan areas.
Region Andalucia Gross Lettable area 54 807m² Monthly Rental * €10/m² National Tenant exposure 87% Vacancy 9.8% * Average base rental excluding recoveries
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Top 15 Retail Centres: Vallsur (Spain)
Vallsur shopping centre was opened in 1998 and is situated in a residential area that has been continuosly developed since then. Its unbeatable location makes Vallsur the place chosen by thousands of citizens to shopping throughout the year. In 2014 received the Best Shopping Center Renovation Award given by the Spanish Association of Shopping Centers (AECC).
The shopping center has a compelling offer of fashion and leisure, and has the cinemas (Yelmo Cines) always performing at full capacity.
Region Castilla Leon Gross Lettable area 35 212m² National Tenant exposure 97% Vacancy 2.8% * Average base rental excluding recoveries
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Top 15 Retail Centres: Habaneras (Spain)
Habaneras is located in the city of Torrevieja in the Alicante province. The shopping centre was built in 2005 and has a modern open-air Mediterranean architecture, where customers can stroll peacefully and enjoy the pleasant weather of southeastern Spain. The shopping centre sits within a retail park alongside complementary superstores like Carrefour, Lidl, Mercadona, and other attractions such as a bowling and an eight-screen IMF cinema.
Its catchment area comprises 530K citizens with an added transient population of 178K. Fashion retailers, including market leaders like the Inditex Group, are particularly well represented. Amongst the anchor brands are Dealz (577 sqm), Forum Sport (2,000 sqm), Zara (1,895 sqm), H&M (1,407 sqm), and the refurbished store of Leroy Merlin (4,940 sqm).
Region Com. Valenciana Gross Lettable area 25 021m² Monthly Rental * €18/m² National Tenant exposure 97% Vacancy 1.1% * Average base rental excluding recoveries
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Top 15 Retail Centres: Pinetown Pine Crest (RSA)
'Pine Crest Centre has served the community of Pinetown for more than 30 years. It is the town’s original shopping centre and remains its biggest retail centre. Its primary catchment area stretches from Kwadabeka in the north to Kwadengezi in the south, and from Cowies Hill in the east to Kloof in the west. The recently upgraded centre’s strong tenancy in financial services, homeware, furniture, food, health and beauty and fashion make it the most dominant centre in Pinetown. The food court offers a variety of well-known National brands, entertainment and a kiddies play area. Pine Crest is a highly visible, convenient one-stop retail destination with ample parking and a filling station on site.
Region KwaZulu-Natal Gross Lettable area 43 334m² Monthly Rental * R197/m² National Tenant exposure 88% Vacancy 1% * Average base rental excluding recoveries
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Top 15 Retail Centres: Boksburg East Rand Mall (RSA)
'East Rand Mall, situated a mere 7 km from South Africa’s busiest airport OR Tambo International Airport is positioned just off the R 21 on Bentel Avenue making the Mall the gateway to the greater Boksburg area.
Since opening its doors to the public in 1992, the Mall has cemented its retail offering to not only Boksburg but likewise attract shoppers from Benoni, Brakpan, Germiston and Kempton Park.
The Mall’s well-planned tenant mix includes all of South Africa’s major chain stores and smaller specialised stores, making the Mall a fashion must stop to the greater East Rand.
Region Gauteng Gross Lettable area 68 568m² Monthly Rental * R263/m² National Tenant exposure 93% Vacancy 4.6% * Average base rental excluding recoveries
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Top 15 Retail Centres: Puerta Europa (Spain)
Puerta Europa is located in Algeciras (Cadiz) and is the most important shopping centre of Gibraltar area, with a catchment area over 311,110 inhabitants. The shopping center has an occupancy of 99% and offers a wide selection of unique brands in the region.
The fashion brands cover approximately 55% of the GLA , with top brands like Primark, Zara, Mango, H&M, Lefties and Sprinter, amongst others, followed by Yelmo cinema and the supermarket Mercadona with more than 3,000 sqm each. It also has a food corner with important brands as Mc Donalds, Foster’s Hollywood or Pomodoro.
Region Andalucia Gross Lettable area 29 783m² Monthly Rental * €15/m² National Tenant exposure 94% Vacancy 0.3% * Average base rental excluding recoveries
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Top 15 Retail Centres: Parque Oeste (Spain)
'The retail park is one of the main commercial areas in Madrid and is embraced in a larger retail hub (one of the biggest in the country) of more than 125,000 sqm GLA developed in two phases in 1994 and 1996. At only 10 minutes from the retail park there is a big population close to 750,000 inhabitants, and it reaches more than 5,000,000 citizens in the whole catchment area. With 18 units, Castellana Properties owns 13,604 sqm of 32,698 sqm total area. Well known brands such as Media Markt, Aldi and Espaço Casa are part of the offer.
Other brands available in the hub include Kiabi, Decathlon, Ikea, Leroy Merlin, Alcampo, and restaurants.
Region Madrid Gross Lettable area 13 604m² Monthly Rental * €17/m² National Tenant exposure 100% Vacancy Fully let * Average base rental excluding recoveries
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Top 15 Retail Centres: Durban Phoenix Plaza (RSA)
Phoenix Plaza offers a unique shopping experience with a wide variety of eastern, western and specialty stores, presenting itself as a one-stop shopping destination. The centre was recently upgraded with high-quality finishes and a fresh modern look. It offers a retail experience that is community centred, variety-filled and convenient, playing an active role within the community.
Region KwaZulu-Natal Gross Lettable area 24 072m² Monthly Rental * R286/m² National Tenant exposure 78% Vacancy 1.5% * Average base rental excluding recoveries
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Top 15 Retail Centres: Phuthaditjhaba Maluti Crescent (RSA)
'The recently redeveloped Maluti Crescent has a powerful retail mix and is dominant in its trade area, having been transformed from a strip centre into a partially enclosed mall. It has a strong grocery and convenience tenant mix, supported by a wide variety of retail options. Maluti Crescent offers shoppers excellent accessibility.
Region Free State Gross Lettable area 35 733m² Monthly Rental * R165/m² National Tenant exposure 94% Vacancy 0.8% * Average base rental excluding recoveries
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Top 15 Retail Centres: Pretoria Kolonnade Retail Park (RSA)
'Kolonnade Retail Park is a dominant retail park that hosts a variety of lifestyle tenants ranging from sport, health, homeware, furniture and décor as well as brand outlet stores. It is centrally located in a vibrant retail node anchored by a large Pick n Pay Hypermarket and West Pack Lifestyle. All this complimented by ample parking and a variety of food services.
Region Gauteng Gross Lettable area 39 665m² Monthly Rental * R126/m² National Tenant exposure 92% Vacancy Fully let * Average base rental excluding recoveries
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Top 15 Retail Centres: Soweto Dobsonville Mall (RSA)
The first shopping centre in Soweto in 1994, Dobsonville Mall has retained its significant association with the community. It offers shopping variety and convenience from 73 stores and has an integrated taxi rank for easy access. Apart from three food anchors and a variety of food services, it offers the convenience of health, fashion, furniture and financial services to shoppers in the north-west of Soweto.
Region Gauteng Gross Lettable area 26 438m² Monthly Rental * R165/m² National Tenant exposure 92% Vacancy 0.9% * Average base rental excluding recoveries
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Top 15 Retail Centres: Parque Principado (Spain)
'The retail park is located in the town of Siero in Asturias next to the shopping center Parque Principado, the largest shopping center of the region. The retail park has an influence area of 860K inhabitants due to its location and constitutes a perfect complementary offer to the large shopping centre. It was inaugurated in 2003 and has a GLA of 16,090sqm owned entirely by Castellana Properties, it has 5 units and 403 outdoor parking spots.
Region Asturias Gross Lettable area 16 090m² Monthly Rental * €10/m² National Tenant exposure 100% Vacancy Fully Let * Average base rental excluding recoveries
