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  1. Assets portfolio
  2. Madrid
  3. Islazul

Assets portfolio

Castellana Properties currently owns a portfolio of 15 assets, comprising a total area of 594,420sqm

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Spain

Andalucía
3 Assets
Bahía Sur
  • Location: San Fernando (Cadiz)
  • GLA: 56,624sqm
  • Category: Shopping Center
  • Parking: 2,818 spaces
  • Stores: 94
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Los Arcos
  • Location: Seville
  • GLA: 35,634sqm
  • Category: Shopping Center
  • Parking: 1,800 spaces
  • Stores: 84
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Puerta Europa
  • Location: Algeciras (Cádiz)
  • GLA: 29,783sqm
  • Category: Shopping Center
  • Parking: 1,958 spaces
  • Stores: 75
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Castilla y León
1 Assets
Vallsur
  • Location: Valladolid
  • GLA: 35,770sqm
  • Category: Shopping Center
  • Parking: 1,870 spaces
  • Stores: 69
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Cataluña
1 Assets
Splau
  • Location: Cornellà de Llobregat (Barcelona)
  • GLA: 56,000sqm
  • Category: Shopping Center
  • Parking: 2,800 spaces
  • Stores: 151
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Comunidad Valenciana
2 Assets
Bonaire
  • Location: Aldaia (Valencia)
  • GLA: 55,000sqm
  • Category: Shopping Center
  • Parking: 5,700 spaces
  • Stores: 151
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Habaneras
  • Location: Torrevieja (Alicante)
  • GLA: 25,021sqm
  • Category: Shopping Center
  • Parking: 789 spaces
  • Stores: 56
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Extremadura
1 Assets
El Faro
  • Location: Badajoz
  • GLA: 66,422sqm
  • Category: Shopping Center
  • Parking: 2,639 spaces
  • Stores: 106
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La Rioja
1 Assets
Berceo
  • Location: Logroño (La Rioja)
  • GLA: 49,416sqm
  • Category: Shopping Center
  • Parking: 2,400 spaces
  • Stores: 151
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Madrid
1 Assets
Islazul
  • Location: Madrid (Madrid)
  • GLA: 90,000sqm
  • Category: Shopping Center
  • Parking: 4,100 spaces
  • Stores: 183

Portugal

Lisbon
3 Assets
Alegro Sintra
  • Location: Sintra (Lisbon)
  • GLA: 58,000sqm
  • Category: Shopping Center
  • Parking: 2,011 spaces
  • Stores: 193
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LoureShopping
  • Location: Loures (Lisbon)
  • GLA: 44,475sqm
  • Category: Shopping Center
  • Parking: 2,076 spaces
  • Stores: 107
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Rio Sul
  • Location: Seixal (Setúbal)
  • GLA: 46,006sqm
  • Category: Shopping Center
  • Parking: 2,237 spaces
  • Stores: 115
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Madeira
1 Assets
Forum Madeira
  • Location: Funchal (Madeira)
  • GLA: 21,472sqm
  • Category: Shopping Center
  • Parking: 800 spaces
  • Stores: 58
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North
1 Assets
8ª Avenida
  • Location: São João da Madeira (Aveiro)
  • GLA: 28,923sqm
  • Category: Shopping Center
  • Parking: 1,700 spaces
  • Stores: 97
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Virtual tour of the assets

Shopping Center

Islazul is one of Madrid’s leading retail and leisure destinations and one of the most prominent urban shopping centres in Spain. Located in the Carabanchel district, the centre benefits from a strategic position alongside the M-40 ring road and serves a catchment area of more than 1.9 million inhabitants within a 15-minute drive.

Comprising approximately 90,000 sqm of gross leasable area (GLA), Islazul attracts around 12 million visits annually, supported by excellent accessibility, more than 4,100 parking spaces and strong public transport connectivity. Notably, over 40% of visitors reach the centre on foot or by public transport, reflecting its strong integration within the urban fabric of Madrid.

Since opening in 2008 and following a significant refurbishment in 2019, Islazul has consolidated a market-leading retail and leisure offer with more than 180 brands. Its tenant mix includes key operators such as Zara, Primark, Lefties, MediaMarkt, JD and Lidl, complemented by a comprehensive food and beverage and entertainment offering featuring more than 40 operators, including Yelmo Cines, Ilusiona, McDonald’s, Burger King, Tony Roma’s and Foster’s Hollywood.

Islazul is also recognised as a global benchmark in sustainability. It was the first shopping centre in the world to achieve the BREEAM Outstanding certification and holds the highest BREEAM score ever awarded worldwide. Supported by an ambitious ESG strategy, renewable energy initiatives, advanced energy-efficiency measures and sustainable mobility programmes, the centre continues to lead the sector in environmental performance and responsible growth.


  • Location Madrid (Madrid)
  • GLA 90,000sqm
  • Parking 4,100 spaces
  • Stores 183
  • Catchment area 1,900,000 inhabitants

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Pº de la Castellana 36-38, Floor 8

28046 Madrid - Spain

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