• Castellana Properties' six shopping centres and its Granaita retail park registered over 36 million visits last year

• Puerta Europa and Granaita were the spaces with the highest growth in 2019, with increases of 25% and 10%, respectively

• Excluding Los Arcos and Bahía Sur, due to the refurbishment projects in which they are immersed, footfall in the company's shopping centres rose above 10%

The shopping centres of Castellana Properties, specialist in the acquisition, management and refurbishment of real estate assets in the retail sector and listed on the Alternative Stock Market (MaB), recorded a 3.9% increase in their visitors last year. This figure exceeds the national average, recorded by ShopperTrak, by almost 6 percentage points, which was -1.9%. In addition, the seven assets of Castellana Properties where there are footfall counters (El Faro, Los Arcos, Bahía Sur, Vallsur, Puerta Europa, Habaneras and Granaita) registered more than 36 million visits per year.

Assets with the greatest growth in 2019 were Puerta Europa, with +25.5%, after the opening of 13 new brands so far last year year such as Zara, Stradivarius, JD Sport, Hawkers and McDonalds, among others. Granaita, which opened in March after the €5,5 M investment of Castellana Properties in its renovation and consolidation under the same brand, closed the year with a 10.1% increase in its influx.

In addition, Castellana Properties is carrying out several refurbishment projects in its portfolio such as the Los Arcos Shopping Centre, where more than 11,000 m² are being renovated, and Bahía Sur, with a similar situation due to the reconfiguration of the old space occupied by El Corte Inglés. Excluding these two assets, Castellana Properties' portfolio would have increased by +10% in 2019, nearly 12 points above the market, reflecting the good results achieved by the company thanks to the active management of its portfolio.

For Julio García, head of asset management at Castellana Properties, "we are very proud of the number of visits to our centres. We are well above the national average and this shows that our spaces, given the wide range of commercial and experience options we offer, are an attraction in the regions where they are located. Our commitment to active portfolio management, with the aim of offering a wider commercial mix in line with what our clients demand, means that we currently have 35,000 m² undergoing restructuring".

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