CBRE Investment Management has acquired the Parque Corredor shopping centre in Spain from Redevco and Ares Management.
CBRE IM said the 123,000 square-metre regional shopping centre in Madrid was acquired on behalf of a fund from its direct real estate strategies division.
According to market sources, the asset was put up for sale by Redevco and Ares for between £230 million (€264 million) and £250 million.
Source: realassets.ipe.com on 15 October 2025
https://realassets.ipe.com/news/cbre-im-buys-123000sqm-madrid-retail-asset-from-ares-and-redevco/10133183.article