The shopping center has a surface area of 120,000 m2, of which 44,252 m2 will be dedicated to retail and leisure, and also a car park for more than 2,300 cars.
Sergio Criado, CFO of Lar España, highlighted his “satisfaction at having secured this new financing agreement, which is one of several to have been signed over the last few months, and which demonstrates the appeal of Lar España’s properties. In the case of Vidanova Parc, it also represents support for what is going to be one of the most important shopping centers in the region”.
Lar España’s investment in the project will amount to €53 million in total, in addition to the €40 million that will be invested by the operators moving into the shopping center. Is expected that Vidanova Parc will open its doors during the first half of 2018.