Splau is one of the most prominent retail and leisure destinations in the Barcelona metropolitan area. Located in Cornellà de Llobregat, at the southern gateway to the city, the centre benefits from a strategic position within a densely populated catchment area of more than five million people, while also capturing demand from the millions of tourists who visit Barcelona each year.

The asset comprises more than 56,000 sqm of gross leasable area (GLA) across 151 units and maintains an occupancy rate close to 99%. Since opening in 2010, Splau has consistently delivered strong operational performance, supported by active management and major refurbishments completed in 2016 and 2022. The centre attracts approximately 10 million visitors annually and remains one of the region’s most dynamic retail destinations.

Splau offers a compelling mix of leading international and national brands, including Primark, Fnac, Mercadona, MediaMarkt, JD Sports and several Inditex brands such as Zara, Bershka, Stradivarius and Lefties. Complementing its retail offer is an extensive food and beverage destination with more than 36 operators and over 11,000 sqm dedicated to leisure and entertainment. Key attractions include Kinepolis, the largest cinema in Spain by number of screens, featuring 28 screens and 4DX technology, as well as the Ilusiona bowling and family entertainment centre.

The centre enjoys exceptional connectivity, with direct access to major road networks, more than 10 metro, bus and rail connections, a nearby regional train station and 2,800 parking spaces. Splau also demonstrates a strong commitment to sustainability through initiatives including solar energy generation, 100% renewable electricity, BREEAM certification, electric vehicle charging infrastructure and a zero-waste-to-landfill policy, reinforcing its position as a future-ready asset within one of Spain’s most attractive retail markets.

Castellana Properties acquired a 50% stake in the company owning this high-performing asset, further strengthening its presence in the Iberian market. The transaction established a joint venture with Unibail-Rodamco-Westfield, which retains the remaining 50% ownership.