Vastned Retail turns around Montigala shopping centre with Worten lease
The pan-European retail property fund VastNed Retail has concluded a lease with international electronics retailer Worten for its Montigalá shopping centre in Badalona (greater Barcelona area).
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 is approx. € 2.0 billion, over half of which are high street shops.