Gross Lettable Area (Asset Managed or Developed)

The Team

Dilip Khullar

Borja Reig

Borja Bernar

Pilar Ramos


Simon Blaxland

Andrés Escarpenter Ferrán

Estabona Management is an affiliate of the Shared Value Initiative, a global community of practice among leading companies, civil society, and government organizations to drive adoption and implementation of shared value strategies.

Shared value is a management strategy focused on companies creating measurable business value by identifying and addressing social problems that intersect with their business. The shared value framework creates new opportunities for companies, civil society organizations, and governments to leverage the power of market-based competition in addressing social problems.

The concept was defined in the Harvard Business Review article “Creating Shared Value” (January/February 2011), by Professor Michael E. Porter and Mark R. Kramer.

Estabona with Asprona

Estabona and Asprona are working together to promote the employment of people with intellectual and developmental disabilities by obtaining and providing personalised support based on employment support methodology.


Imaginalia Shopping And Leisure Centre, Albacete

Present Commercial and leisure center in a single level with 45,000 m² of GLA distributed in 78 units and 2,100 parking spaces. Anchors: Alcampo, Media Markt, Sprinter, Toys R Us and Yelmo cinemas. Annex to the center is Leroy Merlin. A large number of empty premises and excessive number of small premises for the existing demand. Inflows, sales and occupation declining. Project

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Modoo Shopping Centre, Oviedo

Present Estabona together with its partners acquired 100% of a Spanish company that co-owns the 40,000m2 Modoo Shopping Centre in Oviedo in December 2017. The centre forms part of an in a emblematic building (designed by Santiago Calatrava) which includes the city´s exhibition and conference centre, governmental offices and 4 * hotel. The tenant mix model is principally oriented to fashion and

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Factory Guadacorte, Los barrios, Cádiz

Present Factory Guadacorte lacked critical brands, the footfall was declining rapidly and was cash flow negative. It is located in the strongest retail warehouse and leisure location in Algeciras Bay. Objectives Reduce volatility of income on the basis of long leasehold contracts. Undertake a research study, analyzing the potential market to find the best concept to be develop in the site. Develop

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Pamplona Retail Park, Navarra

2007 Pamplona Retail Park is located approximately five minutes drive south of Pamplona in the Navarra region of Spain. The neighbouring occupier to the property is “Morea” retail centre, which is anchored by Lecierc hypermarket (9000m2) and various secondary anchors including Zara and Hennes & Mauritz. Pamplona retail park benefits from good road access and a catchment area of 394,882 inhabitants within

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