AEW completed an acquisition of two prime retail parks in Spain from Lar España for $141m.

AEW, a real estate investment manager, completed an acquisition of Rivas Futura and Vistahermosa, two prime retail parks in Spain, from Lar España, a real estate investment trust company, for $141m. Rivas Futura, one of the largest prime retail parks in the Madrid region, which holds the ESG Breeam Excellent distinction, and Vistahermosa, an urban retail park located in Alicante with a strong leisure, entertainment and home offering and is easily accessible by road networks to a wide catchment area along the tourist coast.