NEPI Rockcastle buys Spain’s MegaPark Barakaldo for EUR 254 million

Reuters2026/08/13 06:31

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NEPI Rockcastle agreed on Aug. 12, 2026 to buy MegaPark Barakaldo, an 81,000 sq. m retail destination in Bilbao, Spain.
Gross purchase price EUR 254 million, payable in cash at completion; net initial yield 6.8%.
Deal marks its first investment outside Central and Eastern Europe, adding exposure to Spain’s euro-denominated retail property market.
Completion targeted for September 2026, subject to customary conditions including Spanish merger control clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NEPI Rockcastle NV published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525467), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NEPI Rockcastle buys Spain’s MegaPark Barakaldo for EUR 254 million

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