French real estate investment fund Epsilon 360° SCPI has acquired the Mazarrón Park retail complex in Murcia, Spain, from Hungary's Gestor Real Estate in an off-market deal. 

The retail asset in Spain

Mazarrón Park, developed in 2018 by Barcelona-based Activ Group and acquired by Gestor over four years ago amid the Covid pandemic, occupies a prime location at the roundabout entrance to Puerto Mazarrón. The complex is in close proximity to popular chains, including Mercadona, Lidl, and McDonald’s.

The property comprises four distinct units: a standalone Aldi store, a BP petrol station, a Burger King, and a multi-tenant retail building featuring international and local brands such as Tedi, Jysk, Sprinter, and Kiwoko. The asset has 370 parking spaces and has recorded a 100% occupancy rate since opening.

Mazarrón, situated along Costa Cálida, boasts over 35 km of Mediterranean beaches, drawing tourists from across Spain and Europe.