{"id":60722,"date":"2025-04-16T21:52:14","date_gmt":"2025-04-16T19:52:14","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=60722"},"modified":"2025-09-22T19:17:58","modified_gmt":"2025-09-22T17:17:58","slug":"new-project-invest-in-a-fully-leased-retail-park-in-burgos","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2025\/04\/16\/new-project-invest-in-a-fully-leased-retail-park-in-burgos\/","title":{"rendered":"Invest in a fully leased retail park in Burgos"},"content":{"rendered":"\t\t
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UPDATE 22\/9\/2025: Next Wednesday, September 24, at 12:00 p.m. (UTC+2), we will open funding for the Parque Comercial Arlanz\u00f3n II<\/a> project.<\/strong><\/p>

After the closing of the first tranche<\/a>, we are launching the continuation of the project, which consists of granting the second tranche of a loan for the partial financing of a retail park that is 100% leased in the city of Burgos. Originally, tranche B was to be financed by institutional investors, but in the end Urbanitae investors will take part. The current progress of the construction works is 20%.<\/strong><\/p>

Thus, the Parque Comercial Arlanz\u00f3n II<\/a> project has a ticket size of \u20ac440,000 and a term of 15 months, with a 6-month extension option at month 15. Investors in this tranche will obtain a total return of 13.43% \u201410.75% annually\u2014, with a minimum return equivalent to 4 months of interest. You can find all the details of the project below. However, if you have any questions, you can watch the webinar<\/a> we held with the developer last April.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Urbanitae is launching a new investment opportunity. This time, we\u2019re heading to Castilla y Le\u00f3n to take part in the development of Parque Comercial Arlanz\u00f3n<\/a><\/strong>, 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).<\/strong><\/p>\n

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The project involves granting a loan to finance part of the land acquisition cost and the construction of the retail park. It\u2019s an investment opportunity offering an annual return of 11.25%<\/strong> and an estimated term of 18 months<\/strong>, with the option to extend for an additional six months.<\/p>\n

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A prime location with guaranteed occupancy<\/h2>\n

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Parque Comercial<\/a> Arlanz\u00f3n<\/a> 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<\/strong>, in addition to a photovoltaic installation and eight rapid charging stations for electric vehicles<\/strong>.<\/p>\n

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The park is already 100% pre-leased to well-known companies<\/strong> 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 \u20ac1,080,000<\/strong> from the moment the park becomes operational.<\/p>\n

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The asset will be located on the Madrid-Ir\u00fan highway (A-1)<\/strong>, in the same commercial area as El Corte Ingl\u00e9s, Decathlon, McDonald\u2019s, and Burger King\u2014further enhancing its commercial<\/a> appeal.<\/p>\n

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Experienced developer, solid project<\/h2>\n

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The developer of Parque Comercial Arlanz\u00f3n<\/a> is Grupo SIMO<\/strong>, 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<\/strong>, retail parks, and industrial facilities. Notable projects include a retail unit for Leroy Merlin, a KFC in C\u00e1ceres, industrial developments in Badajoz, and a four-star hotel.<\/p>\n

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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 \u20ac15 million<\/strong>, while the ECO valuation of the completed asset amounts to \u20ac18.9 million<\/strong>.<\/p>\n

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Check out this video for full details on the project.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Loan terms<\/h2>\n

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Urbanitae investors and co-investors will enter the project through a loan granted in three tranches.<\/strong> 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.<\/p>\n

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The total loan amount is \u20ac8,785,000<\/strong>, structured as follows:<\/p>\n

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