Redevco closes three Spanish retail park acquisitions

European real estate investment manager Redevco has expanded its Redevco European Retail Parks (RERP) Fund by acquiring three new retail parks in Spain.

Ferol Retail Park, La Coruña, Spain

These three retail parks are strategically located in key Spanish regions and are known for their strong performance and focus on convenience. 
Ferrol Retail Park in La Coruña boasts 28,200 m2 of space, high occupancy rates (above 98%), and excellent visibility from a major motorway, serving a catchment of over 190,000 people. It is fully occupied by a diversified tenant mix anchored by Carrefour, Brico Depot, and Media Markt, which together generate over half of the rental income.  The asset offers value‑creation potential, including a standalone F&B unit and the leasing of available first‑floor space.
Meixueiro Retail Park in Vigo is the city's only retail park, offering 17,737 m2 and benefiting from a prime location on the A-55 gateway with easy access and parking.  It is anchored by Decathlon, Media Markt, and Lidl.
Cemar Retail Park in Huercál de Almería provides 19,676 m2 with 97% occupancy, anchored by leading tenants like Conforama, Decathlon, and Aldi, and serves a large, growing population of 530,000 within a 30-minute drive. 
These properties collectively highlight resilient performance, strategic positioning, and strong long-term income potential for the RERP portfolio. The acquisitions quickly follow the Fund’s first Spanish acquisition in Toledo last December.
Israel Casanova, investment director Retail Parks at Redevco, commented: “These three acquisitions represent a significant acceleration of our Iberian growth strategy and underscore the strong momentum behind the Redevco European Retail Parks Fund. Reaching nearly 50% capital deployment within six months of launch reflects the depth of opportunities we are able to secure in this segment. With this latest expansion, we continue to strengthen our presence across key European markets and build a resilient retail parks portfolio designed for long‑term value creation.”
Launched in October 2025 with €500 mln in equity commitments from CBRE IM  on behalf of global institutional clients alongside Redevco co‑investment, the RERP Fund now holds assets across Belgium, Germany, Spain and the UK.