2018 Gestión de inversiones

Valle Real turns around and beats the sector back to growth

Download pdf

In 2008 due to the European economic recession, Valle Real registered an adverse impact in retail sales.
In order to achieve higher returns, to keep a solid occupancy rate and rents, and to boost visitors’ traffic it was necessary to find an innovative solution to keep the attractiveness of the shopping centre.
Through a proactive approach and to keep creating value for owners, tenants and visitors alike, the Investment Management team elaborated a successful re-anchoring programme.

The reconfiguration of the first floor from leisure to retail attracted to Valle Real new anchor stores, such as New Yorker, C&A and Primark, increasing footfall, rents and retail sales.
Sonae Sierra’s Investment Management team successfully turned a risk into an opportunity – and enabled Valle Real to buck the trend by emerging stronger from the economic recession.

€3.7 Million

investment

GLA rotated

contractual rents

occupancy rate

Alerta de contenido

Este sitio web puede contener contenidos que no estén traducidos a su idioma. En tales casos, se mostrará la versión en inglés.

Continúe