Spain has a total of 114 Retail Parks with floorspace exceeding 10,000 sqm (this being the figure as of which parks begin to include integrated management), amounting to a total of around 3.2 million square metres GLA (gross lettable area).
As a result of the pandemic, the transformation of the retail sector has accelerated at varying pace over the past 2 years.
For Retail Parks (including Retail Warehouses), the lockdowns and severe restrictions imposed during the early months of the pandemic had a lower impact in terms of footfall, meaning that many prospered and this trend has remained true up to the present.
What is more, the recovery of this segment has been conspicuously faster than other retail businesses, proving their resilience.
How have Retail Parks managed to adapt?
Why are Retail Parks attractive for investors?
As a segment, retail parks do currently attract the highest degree of interest.
We answer all these questions and explain you the reasons why Retail Parks are a commitment to the future in our last Transparency in Retail Parks.
