6 August 2019
The Kronos Investment Group announced that it had arranged a €40-million loan with Barings to finance the construction of a new shopping centre in the town of Dos Hermanas, Seville. The investment manager has lent 40 million euros to the union between the developer and another company to build a commercial park of 48,646 square meters and 2,000 parking spaces.
The new complex will have 64 stores, 70% of which have already been pre-leased. Construction is set to begin shortly and the mall is slated to open by the summer of 2020.
Original Story: Eje Prime
Adaptation/Translation: Richard D. K. Turner