Mercado de San Miguel

The Mercado de San Miguel, a popular market located near Plaza Mayor in Madrid, is in the news due to a change in ownership. While the real estate asset manager Redevco remains the formal owner, the Dutch Brenninkmeijer family, known for owning the C&A clothing chain, has acquired full control of the market. This was achieved through the Brenninkmeijer family acquiring the stake previously held by Ares Capital in Redevco Iberian Ventures, the entity that owns the market. The transaction signifies a shift in the market's financial backing and potentially its future direction under new ownership. The Mercado de San Miguel remains a significant landmark and tourist attraction in Madrid.