Jerez de la Frontera Pastranilla y Miraflores, "Area Sur ", Spain

Property

Shoppingcenter

Built/renovated:

2007

Floor space:

ca. 49,000 sqm

Site area:

103,969 sqm

Comment

Union Investment and Spanish shopping centre developer Chamartín Immobilien are today opening the Area Sur shopping centre in Jerez de la Frontera, Southern Spain. Union Investment acquired Area Sur at the end of December 2005 for its UniImmo: Europa fund .

Located on the northwest bypass, the shopping centre is close to the centre of Jerez de la Frontera, whose 192,000 inhabitants make it the largest town in Cádiz province. The Area Sur mall is of a high architectural standard and benefits from a good mix of tenants that includes major international brands. With around 45,000 square metres of retail space, a 4,000 square metre multiplex cinema and 2,500 parking spaces, Area Sur targets a catchment area of some 450,000 people. Its role as a popular tourist destination on the Costa de la Luz means that Jerez also attracts additional potential footfall.

Grand opening of the shopping center:

Simulation of the shopping center:

Fund: UniImmo: Europa