Invest in a fully leased retail park in Burgos
Urbanitae is launching a new investment opportunity. This time, we’re heading to Castilla y León to take part in the development of Parque Comercial Arlanzón, a modern retail park made up of medium-sized commercial units, located at one of the main entrances to the city of Burgos. Funding will be available on the platform on Tuesday, April 22 at 4:00 p.m. (UTC+2).
The project involves granting a loan to finance part of the land acquisition cost and the construction of the retail park. It’s an investment opportunity offering an annual return of 11.25% and an estimated term of 18 months, with the option to extend for an additional six months.
A prime location with guaranteed occupancy
Parque Comercial Arlanzón will be developed on a 17,497 sqm plot, with a building permit currently in the approval process. It will feature a gross leasable area (GLA) of 8,946 sqm distributed across 8 medium-sized retail units, in addition to a photovoltaic installation and eight rapid charging stations for electric vehicles.
The park is already 100% pre-leased to well-known companies such as Lupa, Guaw, JYSK, Maxcolchon, Tiendas MGI, TEDi, Fitness Park, Popeyes, Iberdrola, and BP Pulse. All leases include mandatory compliance clauses ranging from 3 to 7 years, ensuring a net annual rental income of €1,080,000 from the moment the park becomes operational.
The asset will be located on the Madrid-Irún highway (A-1), in the same commercial area as El Corte Inglés, Decathlon, McDonald’s, and Burger King—further enhancing its commercial appeal.
Experienced developer, solid project
The developer of Parque Comercial Arlanzón is Grupo SIMO, a development and construction company with over 40 years of experience. Since its founding in 1982, Grupo SIMO has developed more than 3,600 homes, retail parks, and industrial facilities. Notable projects include a retail unit for Leroy Merlin, a KFC in Cáceres, industrial developments in Badajoz, and a four-star hotel.
The commercialisation of the asset will begin with the start of construction, which is expected to take around 9 months. Once completed, the sale of the property is expected to take place within the following 9 months. The estimated sale value of the park is €15 million, while the ECO valuation of the completed asset amounts to €18.9 million.
Check out this video for full details on the project.
Loan terms
Urbanitae investors and co-investors will enter the project through a loan granted in three tranches. Tranche A will carry a fixed annual interest rate of 11.25% to finance part of the land acquisition cost, part of the (deductible) VAT related to the purchase, initial construction costs, and debt formalisation expenses.
The total loan amount is €8,785,000, structured as follows:
- Tranche A: €4,560,000 for 18 months at a fixed annual rate of 11.25%, funded by Urbanitae investors.
- Tranche B: €3,050,000 for 15 months at a fixed annual rate of 10.75%, funded by institutional investors.
- Tranche C: €1,175,000 for 6 months at a fixed annual rate of 10%, also for institutional investors.
Interest and principal will be paid at maturity. Early repayment is allowed, with a minimum guaranteed return equivalent to 7 months’ interest for Tranche A. The 6-month extension is subject to 100% progress in construction.
The project is backed by a first-rank mortgage guarantee on the land, with mortgage liability equal to 150% of the principal.
Why invest in this project
– 100% of the asset pre-leased to well-known operators, generating more than €1 million in net annual rental income.
– Strategic location at the entrance of a provincial capital with high purchasing power and an area of influence of over 400,000 people.
– Attractive annual return of 11.25%, with a minimum guaranteed return.
– Developer with over four decades of experience and a strong track record in commercial and residential projects.
– LTV ratio of 46.5%, reflecting a conservative financing structure.
When will I get my investment back?
– Q2 2025: Loan issuance and construction begins.
– Q1 2026: Retail park completion and opening to the public.
– Q1–Q4 2026: Asset sale and loan repayment.
We’ll be hosting a webinar on Monday, April 21 at 12:00 p.m. (UTC+2) to answer any questions you may have. You can also reach out to us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.
Don’t miss this opportunity to invest in a consolidated, high-potential retail park in Burgos!
