Colonial sells Viapark Retail Park

Colonial, in line with its policy of rotating non-strategic assets, has sold the Viapark retail park on the outskirts of Vícar, Almería, at appraisal value. In operation since 2008, Viapark is a retail space of around 32,000 sqm with macro stores occupied by brands such as Carrefour, Decathlon, Bricomart and Kiabi.

The park was inaugurated after an investment of 55 million euros, and it has been built on a plot of 100,000 square metres located at the exit of the A-7 in Vícar, in an area of great urban growth and with important tourist areas around it.

This transaction is part of the company’s divestment programme, which has already yielded revenues of 500 million euros.