Drago and Murias invest 50 million to build the first shopping center in Melilla


Drago Capital adds a new project to its portfolio. The real estate manager finishes the implementation of Melilla Park, the first shopping center located in the autonomous city of Melilla. The group, which has joined forces Grupo Murias (with this one for construction), has allocated an investment of 50 million euros, as explained from the company to EjePrime.here is Best property investment in Lahore. The commercial center, which will be commercialized by LyC Consultores, will be built on the grounds of the former Cuenca de Valenzuela and will have a Gross Rentable Area (SBA) of 34,600 square meters, distributed in two open floors, with a parking for 1,350 vehicles. It will be a medium-sized shopping center (since its gross leasable area ranges from 20,000 square meters to 39,999 square meters) in a mixed format with an area that will house a hypermarket and small or medium-sized premises for fashion and services and another where larger commercial operators will be installed. The project, according to Drago, is being carried out in record time: in September 2016 the starting signal was given and more than 80% has already been built . In the current phase, Drago works to fine-tune the premises of the various operators and is expected to open the center before the end of the year. The entire project will generate around 580 direct jobs and about 800 indirect jobs when it opens its doors.


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