Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain to create 500,000 m2 mall space by 2016

Source: PropertyEU - Thu 21st Aug 2014
Spain to create 500,000 m2 mall space by 2016

Spain will see 16 new shopping centres open over the next two years, adding more than 500,000 m2 of retail space, according to local estate agent Mislocales.

So far this year new malls have opened at El Nevero in Badajoz, Ciudad de la Imagen in Seville and Ikea Parc de Alfafar in Valencia, with a combined new gross lettable area of 59,000 m2. Several existing malls are undergoing extensions.

Over the past year, Intu Properties, Oaktree, Patron Capital and Blackstone have all made significant investments in Spanish retail.

The Spanish Association of Shopping Centres (AECC) put the total amount of mall space in the country at 15.3 million m2 at the end of 2013.

Recommended Reading :

* Spain June retail sales rise0.2% year on year : INE

* Spain 2nd World destination for shopping tourism in 2012

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs