GESTOR REAL ESTATE sells Mazarrón Park in Murcia to Epsilon 360° SCPI

Hungarian real estate company GESTOR REAL ESTATE has announced the successful sale of Mazarrón Park, a popular retail complex on Spain’s Costa Cálida, to French investment fund Epsilon 360° SCPI. The off-market transaction highlights strong investor interest in high-performing assets in prime Spanish tourist destinations.

Mazarrón Park, strategically positioned at the gateway to Puerto Mazarrón and near the AP7 motorway connecting Alicante and Almeria, was originally developed by Barcelona-based ACTIV GROUP in 2018 and acquired by GESTOR REAL ESTATE over four years ago, during the Covid pandemic. The retail center benefits from high visibility and a robust tenant mix, featuring four units anchored by well-known names: an ALDI supermarket, a BP petrol station, a Burger King, and a multi-tenant retail building housing popular brands such as Tedi, Jysk, Sprinter, and Kiwoko.

With 370 parking spaces and a record of 100% occupancy since its inception, Mazarrón Park has become a significant shopping hub, catering to both local residents and the high influx of tourists frequenting the Costa Cálida. The complex’s proximity to major brands like Mercadona, Lidl, and McDonald’s further strengthens its draw as a retail destination.

Mazarrón, known for its 35 kilometers of Mediterranean coastline and year-round visitor appeal, attracts over one million tourists annually, bolstering foot traffic at Mazarrón Park. This steady flow of visitors, combined with a growing local population, has contributed to the center’s impressive occupancy and growth trajectory.

With this acquisition, Epsilon 360° SCPI secures a highly sought-after asset in a key tourist market, emphasizing the continued demand for strategically located retail properties in Spain.