Vukile-backed Castellana Properties completed the acquisition of Bonaire shopping centre from Unibail-Rodamco-Westfield for €305m.

Vukile-backed Castellana Properties, a retail real estate investment firm, completed the acquisition of the Bonaire shopping centre from Unibail-Rodamco-Westfield, a global developer and operator of flagship shopping destinations, for €305m. “We are thrilled to have secured this exceptional asset from Unibail-Rodamco-Westfield further cementing Castellana’s position as a leading player in the Iberian retail property market. This accretive deal is our biggest by value to date and furthers our growth in Spain with a market-leading institutional grade asset,” Laurence Rapp, Vukile Property Fund CEO.