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Annual Report 2015
In Marineda, refurbishment works have
started in order to adapt the supply to
the new design concept of foot court
(with terraces and infant area), under the
supervision of the well-known architect
Broadway Malyan,
With respect to others shopping centers,
Centro Oesta in Majadahonda (Madrid) is
enjoying a high demand from tenants, and
2,098 sqm have been signed during 2015,
raising occupancy levels to virtually 100% and
at a higher rents level.
Logistics
Take-up up until 31 December amounts
to 118,509 sqm, out of which 70,134 sqm
correspond to renewals and 48,375 sqm to
new contracts. Exits represent 35,847 sqm,
thus leading to a positive net absorption
of 12,528 sqm. Main activity has been
concentrated in Guadalajara-Cabanillas II and
Coslada complex. CILSA (equity method)
also enjoyed a very strong year in terms of
leasing activity, with renewals amounting
to 97,329 sqm, new contracts 29,980 sqm
and exits representing 17,683 sqm, and as a
result achieving a remarkable positive net
absorption of 12,297 sqm.
Main contracts signed are:
Asset
Tenant
GLA (sqm)
Guadalajara-Cabanillas II
n.d.
38.054
Coslada Complex
ICS
2.709
Valencia-Almusafess
Truck&Wheel
7.612
Rented residential
In 2015, a total of 298 contracts have been
signed, out of which 64 correspond to
renewals and 234 to new contracts. Contracts
not renewed amount to 255.




