Guadacorte Retail Park, Los Barrios, Cádiz

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.