Merlin: €20M to convert the Fnac building into a shopping centre

Merlin: €20M to convert the Fnac building into a shopping centre
Ana Tavares

The 116.000 sqm building constructed in the 1940’s, will have its interior fully converted. Fnac’s flagship will have a lower level, occupying 5 floors instead of the current 9, creating room for new brands on the lower floors. The top of the building will be reserved for food areas and open-air terraces.

According to EjePrime and Europapress, the conversion works should be finished during the second quarter of 2021. Merlin’s goal is to increase the building’s rents in around 4 million euro.

 

 

Photo: EjePrime

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