UK firm plans huge Costa del Sol shopping centre
Wednesday, February 18, 2015 @ 11:47 AM
A BRITISH development firm plans to open a huge shopping and leisure complex near Torremolinos (Málaga province) within the next three years.
Intu Properties has already bought the Puerto Venecia complex in Zaragoza, said to be the largest shopping centre in Europe since its opening in October 2012 and home to everything from El Corte Inglés department store through to Ikea, Zara, Leroy Merlin, Decathlon, Media Markt and Apple Store, as well as the mammoth Parque Principado retail centre in Lugones, Asturias.
Both acquisitions were made last year at a cost of €613 million, as part of Intu's plans to dominate the shopping centre circuit in Spain through a total investment of €2.5 billion.
Read more at thinkSPAIN.com