Phalsbourg company buys 66,000 m² of land for its first project in Spain

The company Allison Iberia, S.L., part of the Phalsbourg Company group, have signed a contract with ING Real Estate Development Spain Holding, S.A., for the purchase of a parcel of land with an area of 66.000 m²  in Torrejón de Ardoz (Madrid), for the development of its Open Sky and Outlet enterprise project.

Open Sky is the first project in Spain for the Compañía de Phalsbourg, Spanish subsidiary of Compagnie de Phalsbourg. It comprises a shopping centre with a GLA of 75,000 m² with 80 establishments and 3,000 parking spaces, in Torrejón de Ardoz (Madrid), a few minutes from Barajas Airport and beside the A-1 motorway. There will also be a spacious green zone, a central lake where there will be light and water games, bars and restaurants.