The Portuguese retail company will open two new shops at Los Arcos Shopping Centre and Bahía Sur.
The Portuguese company, leader in retail sales and specialized in the commercialization of household goods, will occupy a total surface area of 2,370sq m in both shopping centres. Specifically, Los Arcos’ shop will have 1,250sq m and Bahía Sur will have an area of 1,120sq m. These openings join the 29 new brands that have been opened or refurbished in these shopping centres over the last year.
These agreements reinforce the importance of Los Arcos and Bahía Sur for Castellana Properties, as well as the firm’s commitment to an active portfolio management.
These projects are part of the firm’s strategy to renovate and enlarge its assets, which has been underway since the end of 2019 after the acquisition of El Corte Inglés’ facilities in Los Arcos and Bahía Sur. Castellana Properties has invested more than €24M for the refurbishment and remodelling of these centres.
