New lease in Rosaleda shopping centre improves occupancy and tenant mix
Pan-European retail property fund VastNed Retail has improved the occupancy rate of its La Rosaleda shopping centre located in Malaga with a 510 sqm lease to furniture chain Collección Hogar.
VastNed Retail is a pan-European NYSE Euronext-listed retail property fund that focuses on high street shops in its core countries: the Netherlands, Spain, France, Belgium and Turkey. The value of the investment properties as at end of March 2011 was approx. € 2.0 billion, of which 55% were high street shops.