Carmila Negotiates Acquisition of Albacenter Shopping Centre

✦ Meridian Analysis

Carmila, the shopping‑centre specialist in which Carrefour holds a stake, is in talks to buy the Albacenter urban mall in Albacete from the Socimi owned by Hines European Real Estate Partners III and Grupo Lar. The asset, valued at roughly €80 million, comprises 27,963 m² of built‑up area on two floors, 1,223 parking spaces and a tenant mix of 59 operators including Mercadona and Primark. The deal is at the rumour stage; the parties have not announced a signed agreement. If concluded, the transaction would be an outright asset sale, transferring ownership of the centre from the Socimi to Carmila, which would add the property to its existing portfolio of 75 centres covering 478,380 m² across Spain. Recent transactions include Castellana Properties’ €340 million purchase of the Madrid‑based Islazul centre and the €1.5 billion acquisition of the Balkany portfolio by Norges Bank Investment Management and Sonae Sierra. Merlin Properties also completed a refinancing. Deal professionals will be looking for the final purchase price, the financing structure and any advisory mandates, none of which have been disclosed.

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