Castellana enjoys 3.7% increase in operational sales for tax year
Castellana Properties, a listed company specialising in the acquisition and management of shopping centers and retail parks on the Iberian Peninsula, has presented its operational results for the tax year between April 2025 and March 2026, highlighting a solid growth and consolidation of its assets in Portugal.
The results shown from its Portuguese assets are a direct reflection of the company’s active management strategy, with a 3.7% increase in operator sales between April 2025 and January 2026.
The strong attraction of Castellana Properties’ assets in Portugal is also reflected in the 2.9% growth in footfall (between April 2025 and February 2026) compared to the same period in the previous year. In fact, Castellana Properties’ five assets in Portugal closed 2025 with 3% more sales and total visitor numbers of 35 million.
In the five shopping centres that make up the company’s portfolio in Portugal (8ª Avenida, RioSul, LoureShopping, Alegro Sintra and Fórum Madeira), intense commercial activity was recorded during the period analysed. The company finalised the signing of 60 lease agreements, worth €3.4 million, of which 36 are renewals and 24 are new leases. These 60 contracts cover a commercial area of 8,169 m².
Furthermore, the assets in Portugal have an occupancy rate of 99.1% and a rent collection rate of 96.3%, indicators well above the sector average.
Source: Castellana; Credits: Castellana
