Drago Capital Acquires Plaza Norte 2 Cinemas

18 May 2016 – Expansión

The real estate investment and management company Drago Capital has acquired the Plaza Norte 2 cinemas, located in the shopping centre of the same name in San Sebastián de los Reyes (Madrid), together with a private Spanish investor. The asset, with a total surface area of 6,034 m2 distributed over two floors measuring 3,017 m2 each, has 14 screens in total and 2,600 seats. The cinema is operated by Yelmo Films, which was recently acquired by the Cinépolis Group cinema chain.

Original story: Expansión

Translation: Carmel Drake