• The shopping centres managed by the company in the Iberian Peninsula have exceeded 39 million visits from April to August, with a year-on-year growth of 3% in footfall both in Spain and Portugal.
• Sales have increased by 5.7% in Spain and 4.1% in Portugal from April to July, with the whole portfolio recording growth of 5.1%.
• Castellana Properties maintains benchmark occupancy levels with 99.3% in Spain and 98.4% in Portugal, and a rent collection ratio of 97.2% at group level.
• From April to August, the company has signed 170 leases worth 11.5 million euros across the portfolio, of which 138 correspond to Spain and 32 to Portugal.
Castellana Properties, a listed company specialising in the acquisition and management of shopping centres and retail parks in Spain and Portugal, has recorded a solid performance both in footfall and in sales. From April to 31 August 2025, both Spain and Portugal have experienced 3% growth in footfall compared with the previous year.
Among the assets, El Faro stands out in particular, where the value-added project has achieved an increase in footfall of more than 30% during the company’s first five months of the fiscal year (from April 2025 to March 2026). In total, the shopping centres managed by Castellana Properties have received more than 39 million visits in this same period from April to August, and the year is expected to close around 70 million visits across the entire shopping-centre portfolio. It is worth noting that, if Bonaire is excluded — which has shown a very positive trend since its reopening, especially in sales — the growth in footfall in Spain rises to 6.7%.
As for sales, the data from April to July also reflect a very positive trend. Across Castellana Properties’ total portfolio, sales have risen by 5.1%. In Spain, sales have increased by 5.7%, while in Portugal they have grown by 4.1%. In particular, the company’s shopping-centre portfolio has experienced an increase of 4.5% compared with the same period of the previous year, while the group’s retail parks have registered a remarkable increase of 8.2%.
This growth has been supported by positive performance across all key portfolio categories, with significant increases in Culture, Media and Technology (+17.1%), Leisure and Entertainment (+9.9%), Home (+7.8%), Food (+7.5%) and Fashion (+4.8%).
Regarding occupancy, and as a direct result of the company’s active management, Castellana Properties’ portfolio maintains benchmark figures in the market: in Spain, as of the end of August 2025, occupancy stands at 99.3%, while in Portugal it stands at 98.4%. Thus, for the Castellana Properties portfolio as a whole, occupancy stands at 99.0%. As for the rent collection ratio, results are also very solid, with 98.5% in Spain and 94.3% in Portugal. Therefore, for the portfolio as a whole, the rent collection ratio stands at 97.2%.
As of the end of August, Castellana Properties has signed a total of 170 leases across its portfolio (84 renewals and 86 new contracts), representing a total value of 11.5 million euros. In Spain, 138 leases have been signed (63 renewals and 75 new contracts), covering an area of 29,887 m² and a total value of 9.9 million euros. In Portugal, the company has signed 32 leases (21 renewals and 11 new contracts), corresponding to a total area of 3,616 m², with a value of 1.6 million euros.
Alfonso Brunet, CEO of Castellana Properties, stated that “the growth that all our assets are experiencing, both in Spain and Portugal, is the result of something we have always stood for at Castellana Properties: the importance of active management of our shopping centres and retail parks. The strong growth in footfall and sales, together with high occupancy levels and collection ratios, are the result of the good work and efforts made by the entire Castellana Properties team. The positive reception of projects such as El Faro and the solid performance across all categories strengthen our commitment to generating value for tenants, customers and communities. We will continue to work with commitment and long-term vision to consolidate our growth in the Iberian Peninsula.”