The international real estate firm Hines has announced two new occupiers at Valdebebas 125, improving its commercial offering with the arrival of HM Hospitales and San Gloria.

HM Hospitales, the sanitary services provider, will take 1,000sq m of space, and the coffee and bakery chain, San Gloria, will occupy 149sq m. This follows the arrival of Aldi who signed at Valdebebas 125 in September 2020.

In February 2020, Hines announced the signing of a forward purchase agreement with Acciona for the full acquisition of Valdebebas 125, on behalf of its flagship Hines European Value Fund 2 (HEVF 2). It is a 31,000sq m multifamily rental residential project in Madrid, located in one of the fastest-growing districts in the capital.

Valdebebas is one of the most dynamic new residential developments in Spain after construction started in the summer of 2020, full completion is expected by the end of 2022. The project consists of c.395 flats of varying sizes and will provide a home for c.900 people. Valdebebas 125 is located close to the train station and opposite the new Valdebebas Central Park. The community will include 7,600sq m of landscaped spaces with private leisure facilities.

The supermarket chain, Aldi, will occupy part of the commercial area of the project, with 1,750sq m for sales, a warehouse of almost 200sq m and a car park with capacity for 80 parking spaces. In total, more than 50 per cent of the retail space at Valdebebas 125 is now leased.