The project carried out:
- Revenue volatility has been reduced on the basis of long-term leases.
- A market research study was carried out, analysing the potential market to find the best concept to develop on the site.
- A retail park has been developed with a GLA of 18,400 m² with tenants such as Leroy Merlin, Espacio Casa, Tiendanimal and Visionlab.
The initial situation:
- Initially the centre was orientated towards outlet stores, it lacked critical brands, the footfall was decreasing quickly and cash flow was negative.
- It is located in the most consolidated retail and leisure area of the bay of Algeciras.
