Ten Brinke Acquires a Commercial Plot in Tarragona for €14M

13 March 2019 – Eje Prime

Ten Brinke has purchased a plot of land in the future neighbourhood of Ponent, in Tarragona for €14 million, where it plans to build a retail park.

The Dutch company, which specialises in the promotion of retail parks and residential complexes, fought off competition from the Andalucían firm Bogaris to acquire the site, which has a buildability of 68,000 m2. The vendors were a group of entities including Banco Sabadell and the Town Hall of Tarragona.

Last month Ten Brinke acquired a 50,000 m2 plot in Ciempozuelos (Madrid) for the development of a new retail park. The firm has been present in Spain for ten years.

Original story: Eje Prime

Translation: Carmel Drake