Brenninkmeijer family

The Brenninkmeijer family, a Dutch family known for owning the C&A retail chain, are in the news due to their recent acquisition of full ownership of the Mercado de San Miguel in Madrid. Previously, the market was owned by Redevco Iberian Ventures, a joint venture between the real estate company Redevco and funds managed by Ares Capital, with Ares holding 75% of the capital. The Brenninkmeijer family, through their investment arm, has purchased Ares' stake, effectively taking control of the popular market. This acquisition highlights the family's continued investment in real estate and their diversification beyond the fashion industry. The Mercado de San Miguel is a significant landmark in Madrid, making this a noteworthy transaction in the Spanish real estate market.