McArthurGlen invests €750 in 5 luxury outlets in Spain

McArthurGlen invests €750 in 5 luxury outlets in Spain

 

The news is given by EjePrime, according to which the first project is already on the ground, and is the expansion of the Plaza Mayor shopping center in Malaga, which will become a Designers Outlet Center, the result of a partnership with Sonae Sierra. It should open doors later this year.

Other destinations where the British should invest are in the north of the country, in Madrid or Barcelona. According to José Luis Arenas, director of development of the company in Spain, "McArthurGlen has been trying to be present in Spain for many years, since it is a market of reference, for its demography, its consumption capacity and its tourist attraction", said to Cinco Días.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!