Castellana Properties has appointed Cushman & Wakefield to take over the management of Bonaire Shopping Centre in Aldaia (Valencia), one of Spain’s most prominent retail assets.
The centre comprises nearly 55,000 sq m of retail space and maintains an occupancy rate of close to 98%. It forms part of a larger retail complex with approximately 135,000 sq m of total commercial space.
This new mandate follows Castellana Properties’ acquisition of the shopping centre last year. Cushman & Wakefield will be responsible for the asset’s operational management, with the objective of optimizing its performance and enhancing its long-term value.
Bonaire is home to more than 150 retail operators and offers a diverse mix of brands, including Alcampo, Inditex, Primark, JD Sports, Cinesa, Mango, and Fnac, among others. It is one of the largest shopping centres in Spain and has been recognized among the country's top ten retail assets.
In terms of sustainability, Bonaire holds a BREEAM “Outstanding” rating for management and an EPC Grade A energy performance certificate.
Javier Hernández, Portfolio Asset Manager for Spain at Castellana Properties, commented: “Over the past year, Bonaire has significantly strengthened its market position by welcoming new brands to its retail mix, creating employment opportunities, and achieving remarkable sales growth. It is a leading shopping centre with very strong performance and a distinctive commercial offering. We are confident that, together with Cushman & Wakefield, we will continue driving its growth, enhancing the customer experience, and consolidating its role as one of Spain’s leading retail destinations.”
Rafael Mateu, Head of Retail Sector at Cushman & Wakefield, added: “Bonaire is one of the strongest and most dominant retail assets in Spain. For Cushman & Wakefield, taking on its management alongside Castellana Properties strengthens our relationship with a key partner and allows us to continue enhancing the centre’s value and positioning over the long term.”
Ignacio Pámpanas Appointed New Centre Manager
Ignacio Pámpanas, previously Centre Manager of Habaneras Shopping Centre in Alicante, has been appointed as the new Manager of Bonaire Shopping Centre in Valencia. With this appointment, Bonaire continues to strengthen its position as one of the leading retail and leisure destinations in the Valencian Community, while reinforcing its role as a key employment driver in the Aldaia area.
Pámpanas holds degrees in Tourism and Business Administration and Management from Carlos III University of Madrid. He has built his professional career across the tourism and retail sectors, holding management positions in various commercial assets. After beginning his career at Bahía Sur Shopping Centre in Cádiz, he was appointed Centre Manager of Habaneras Shopping Centre in Torrevieja in 2022, where he led the transformation of the upper level and helped deliver the highest footfall figures since Castellana Properties acquired the asset.
He now takes on the challenge of leading Bonaire, the largest shopping centre in the Valencian Community. This appointment reflects the centre’s continued commitment to a management model focused on innovation, customer experience, and sustainable growth.
Commenting on his appointment, Ignacio Pámpanas said: “Bonaire is a landmark asset with enormous growth potential. We will continue working to strengthen its positioning and development, consolidating its status as a national benchmark and an economic driver within its local community.”
