Pelayo Capital to Invest €60M in the Conversion of the Dolce Vita Shopping Centre into a Retail Park

3 December 2018 – Eje Prime

Pelayo Capital is going to create a new shopping centre from scratch in A Coruña. The fund is going to invest €60 million in Breogán Park, the retail park that is going to be constructed on the site of the former Dolce Vita shopping centre, which is going to be demolished.

According to reports from Dokei RE, the company that is going to manage the asset, Breogán Park will have a surface area of 45,000 m2 and 550 additional parking spaces, which will be added to the 3,000 that already exist underground. The inauguration of the centre is scheduled for 2021.

The retail park is going to be located on the A Coruñan industrial estate of A Grela and is currently in the planning phase with suppliers bidding to undertake the work. The plot on which Breogán Park is going to be built spans a total above ground surface area of 57,000 m2.

Original story: Eje Prime

Translation: Carmel Drake

125