LONG-TERM PERFORMANCE
Retail shop in Santa Caterina, Born, Barcelona
Summit invested in an empty commercial space next to the Santa Caterina market, to rent it and obtain a long-term guaranteed return for its investors.
The investment cost was €1 million. The property was rented with a 10-year contract, guaranteeing a 5% return.
The tenant found by Summit was a well-known and respected cafeteria and bakery company with more than 50 premises throughout Barcelona.