Spain

Carrefour buys land in Boadilla to promote a shopping center

Carrefour buys land in Boadilla to promote a shopping center

Carrefour has emerged as the winner in the contest put out by the City Council of Boadilla del Monte, to promote a shopping center with a supermarket; according to El Confidencial.

The French food firm will pay the City Council an annual canon of 260,000 euros, for 35 years, to have the exploitation of this asset. His offer was the one with the highest amount, ahead of that of El Corte Inglés, SalvaMás or Azata Patrimonio.

Additionally, Carrefour will invest 4.2 million in the construction of the asset. The property could begin to develop its activity in 2 years. According to the municipal specifications, the asset will have food stores, fresh products such as fishmongers, butchers, greengrocers and charcuterie, hygiene, perfumery, cleaning and home. It will also have a 100-space car park, green areas and a children's playground.

The sealed contract between the public administration and the food company will mean income of 9.1 million for the municipal coffers, subject to increases in the CPI. It is possible that the City Council and Carrefour extend their agreement from five to five years, up to a maximum of 75 years.

The land of the new shopping center has 9,417 square meters and a building area of ​​2,800. Carrefour must maintain the activity of the asset throughout the term of the contract. In addition, it will be the operator and manager of the same.

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