Eurofund & Patron Spend €15M On Dolce Vita Odeón Shopping Centre Renovation

20 July 2017 – Eje Prime

The European investment funds Eurofund Capital Partners and Patron Capital are giving the Dolce Vita Odeon shopping centre a facelift. Work to renovate the inside and outside of the complex, which is located in Narón (A Coruña), will begin in September and the two funds will invest €15 million on the project in total.

The work will take six months and will transform the design of the external façades, as well as the common areas, the main entrances, the daytime and night-time lighting and the decoration of the squares, amongst many other elements. The joint investment, combined with the improvements already carried out at the centre since its acquisition in July 2015 by Eurofund Capital Partners and Patron Capital, amounts to around €15 million.

The investment in the aesthetic transformation of Dolce Vita Odeón, entrusted to the British architecture and interior design studio Broadway Alyan, is another step forward in the revitalisation of this centre (…).

Since July 2015, eight operators have opened stores in the centre, including Lefties, from the Inditex group, and H&M. Moreover, other firms such as Bershka, Oysho, Springfield and Pull&Bear have expanded and renovated their store concepts.

The opening of the new stores has generated employment for 70 people, in addition to the 150 new jobs associated with the construction work. The shopping centre has a gross leasable area of 25,000 m2 and 1,250 parking spaces.

Original story: Eje Prime

Translation: Carmel Drake

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