Tag: direct jobs

More Than 1 Million People Visit Plaza Río 2 In <1 Month

13 November 2017 – Press Release

On its first two days of opening (20 and 21 October), the Plaza Río 2  shopping centre recorded its highest footfall figures, with 86,000 visitors on each day, taking the average entry rate to 6,000 people per hour. 

Plaza Río 2 expects to receive 1,500,000 visitors between Black Friday and 6 January 2018, which marks the end of the Christmas campaign.

The Plaza Río 2 shopping centre is taking stock of its performance since it opened on 20 October 2017. And it is doing so with a round number. In just over 20 days, it has broken the threshold of 1 million visitors. This data reflects the fact that the public like the wide range of possibilities on offer there.

During its first two days of opening (20 and 21 October), it recorded its highest footfall figures, with 86,000 visitors on each one of those dates, which represents a spectacular average entry rate of 6,000 people per hour. Plaza Río 2 opened on a date that was not particularly well suited to trading, given the weather, which makes the 1 million visitor figure even more impressive. If we look at the days of the week that have received the most footfall, Saturdays are the busiest day so far, followed by the bank holidays.

In terms of where the visitors are coming from, it must be said that they are arriving from both sides of the banks of the Manzanares River. Plaza Río 2 represents a breath of fresh air for the area from a commercial perspective and, moreover, has managed to entice people from other parts of the capital. In short, the new public is on the lookout for new leisure spaces. The managers of the centre are very happy with the results obtained so far and state that they hope to receive 1,500,000 visitors between Black Friday and 6 January 2018.

With 160 establishments filling its 40,000 m2 space, the centre managed by the property developer Sociedad General Inmobiliaria de España (LSGIE) offers a unique shopping experience that has been enhanced by a very interesting gastronomic proposal. The Mirador de Plaza Río 2, with the largest restaurant terrace in Madrid (3,000 m2), is home to 9 dining premises, catering for every culinary taste.

With an investment of €200 million and 100% of the stores leased before it opened, the centre has created 1,800 direct jobs and provided employment to 2,000 people during the construction phase. Moreover, it has managed to attract brands that are not typically found in shopping centres, such as the case of Victoria’s Secret, Armani Exchange and H&M Home.

Plaza Río 2 comprises 6 floors, 3 dedicated to shopping, 2 to parking and 1 to dining. Its modern, urban and state-of-the-art style has made it a commercial attraction for visitors to the Matadero and Madrid Río, as well as for residents of Usera, Arganzuela and Madrid centre. Natural light is the main protagonist of the building, which is equipped with the most advanced systems in terms of energy efficiency and sustainability. It has 35 bays for recharging electric vehicles and the building’s lights automatically adjust the intensity of the light they emit depending on needs.

The French property developer Sociedad General Inmobiliaria de España (LSGIE) has been responsible for undertaking this project, which represents its eighth shopping centre in Spain and its fifth in the Community of Madrid, after it first ventured into the capital in 1983 with Madrid 2 La Vaguada.

Original story: Press Release

Translation: Carmel Drake

Primark To Open 5,100 m2 Store In Torre Sevilla Shopping Centre

22 September 2017 – Mis Locales

The Irish multi-national fashion retailer, Primark, has chosen the Torre Sevilla shopping centre as the location for the opening of its first large urban store in Sevilla. Work to adapt the premises will begin this month.

The company’s choice of Torre Sevilla is due to the location of the shopping centre, close to the city’s Old Town and the metropolitan area of the capital.

Primark will be one of at least 80 stores, ranging from fashion, technology, sports, adventure, health and beauty, as well as restaurants and a state-of-the-art gym, that will open in the Torre Sevilla shopping centre.

CaixaBank has made a total investment of €20 million in the shopping centre. In terms of employment, more than 800 jobs have already been created, and an additional 1,500 direct and indirect jobs are expected to be generated when the commercial space is fully operational.

The shopping centre was designed by the architecture studio Broadway Maylan, which has received several international awards for urban planning, design and architecture projects. The property comprises two large buildings, which will have a combined gross leasable area of 25,000 m2.

Original story: Mis Locales

Translation: Carmel Drake

Amazon Opens New Logistics Centre In Madrid

26 July 2017 – Expansión

Amazon has announced the inauguration of a new logistics depot in Getafe (Madrid), which will see the creation of around 80 direct jobs next year. This centre will allow Amazon “to operate in Spain with greater capacity and flexibility and whereby offer faster deliveries to its clients and a better service to businesses who sell their products on Amazon and use its logistics network”, according to the dot.com.

Moreover, Amazon has introduced new software for the distribution companies that work with it so that they can optimise their delivery times through route recommendations and, for example, by factoring in speed limits and daily traffic patterns.

The company led by Jeff Bezos may be planning to open a logistics macro-centre in Toledo and two more facilities in Madrid, which would create a network of 25 warehouses spread all over the country. For the time being, Amazon’s logistics network in Spain includes the San Fernando de Henares centre (Madrid) and a centre in Castellbisbal (Barcelona) dedicated to Amazon Pantry, as well as two urban centres in Madrid and Barcelona to serve its Prime Now users.

Original story: Expansión (by M. Juste)

Translation: Carmel Drake

RE Investment Worth €13,000M At Risk In Madrid East

23 May 2017 – El Mundo

Landowners with town planning and real estate projects in the south-east of Madrid, represented by Compensation Boards in the new neighbourhoods of Los Berrocales, Valdecarros, Los Cerros and Los Ahijones, warn that the Town Hall’s failure to define the development of the area could put at risk investments amounting to more than €13,000 million.

It is estimated that this investment, relating to urban planning, property development and the construction of housing, business and retail parks, public spaces and green areas, would generate 965,000 direct and indirect jobs in total over the next few years.

The Compensation Boards, which are grouped together under the Madrid East brand, have issued a statement in which they denounce that, with the establishment of the so-called working groups for the analysis, evaluation and assessment of the alternatives for the development strategy for the south-east, the Town Hall “is doing nothing but delaying the development of projects that have already been granted the necessary legal and town planning support and that have now been suffering delays for more than 20 years”.

For Madrid East, the urban planning activities in the south-east of Madrid “are essential for facilitating access to housing at affordable prices, given that an increase in the supply would help to contain the house price rises that have been seen in the capital in recent months, in both the ownership and rental segments”. In addition, in its opinion, these developments would allow the Community and Town Hall of Madrid to boost their social housing plans aimed at supporting those groups most in need.

“Failure to respond to the increase in demand that is expected, given the forecast growth in households over the next few years, will put upwards pressure on prices, whereby restricting effective access to housing. In the context of the high prices of the available housing stock in the north of the city and inside the M-30, Madrid East’s strategy would allow the construction of new homes at accessible prices for young people and families with the least purchasing power”, said the statement.

“We have the opportunity to resolve the housing problem for the next 30 years. We cannot repeat the same mistakes that were made in the 1980s when the Town Hall of the time considered that Madrid would not groanymorere and then promoted the urgent development of the PAUs”, it said.

Sources at the Compensation Boards believe that the Town Hall “must ensure that public investment is made in the developments to the south-east of Madrid, guaranteeing the best services for citizens, but at the same time, respecting the plans that have already been approved, as well as providing legal certainty for investors”.

In this sense, the landowners in these areas say that private investments in the main activities in Madrid South-East “already exceed €300 million, with mortgage commitments acquired over the medium and long term for their execution” and they warn of possible “legal consequences for the city of Madrid in the event of any stagnation in this regard”.

Original story: El Mundo

Translation: Carmel Drake

Marbella Rises From The Ashes With A €300M W Hotel Resort

27 March 2017 – El Economista

The investor group Platinum Estates, owned by the magnate Harry Mohinani, and the Marriott International group, have signed an agreement to launch the Hotel W Marbella Resort, which will be constructed in the Malagan town of the same name and which will cost around €300 million.

The agreement first started to take shape in September 2015, when the group owned by Mohinani expressed its interest in investing in the town to make one of Marbella’s dreams a reality: to be born again as a luxury destination. In this sense, the mayor José Bernal said that the future complex represents the “resurgence” of luxury international hotel brands in Marbella, after more than 50 years. “It improves the quality of supply in the town”, he added.

Specifically, the W chain has just one establishment in Spain. The W Barcelona (pictured above), also known as the sail hotel, is a 99 m building that was designed by the Spanish architect Ricardo Bofill.

The hotel in Marbella will have 600 beds, will create around 1,000 direct jobs and will target customers with significant spending power. The ground floor, which will be four storeys high, will occupy a surface area of 50,000 m2, and will extend for 60 m along the coast. There will also be 54,000 m2 of green space, 27,000 m2 assigned to services and access roads and 19,000 m2 for facilities. One of the venue’s attractions will be a sand dune, which will be integrated into the hotel complex.

In total, the plot of land on which the property will be built will have a surface area of 160,000 m2, located in a really beautiful area.

Original story: El Economista

Translation: Carmel Drake