The Large Commercial Projects Scheduled for 2020 Postpone their Debuts

21 April 2020 – Brainsre.news

The Open Sky shopping centre in Torrejón de Ardoz, Galería Canalejas in Madrid, and Ànec Blau and La Torre Outlet in Zaragoza are just some of the projects that are going to delay their openings.

13 new shopping centres were scheduled to open in Spain during 2020, spanning a gross leasable area (GLA) of 333,670 square metres. Moreover, many other shopping and leisure complexes were due to reopen and/or be expanded this year, but those plans have now been detained by the Covid-19 crisis.

“The project forecasts that we manage at the Spanish Association of Shopping Centres (AECC) span two years. Specifically, we had calculated that new space with a GLA of 726,450 square metres and expansions with a GLA of 94,629 square metres were due to open,” explains Eduardo Ceballos, President of the AECC, speaking to Brainsre.news.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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