ING Real Estate opens first state-of-the-art shopping center in Madrid (ES/NL)

ING Real Estate has announced the official opening of its new Alcalá Magna shopping center in Madrid. The 34,000 m² state-of-the art shopping center representing a total investment of €100 million was designed by international architects Chapman Taylor. The design pays tribute to the University City of Alcalá de Henares, blending design with history and Spanish culture. The Mayor of Madrid, Bartolomé González, officially opened the shopping center on 31 October 2007.

Alcalá Magna shopping center in

The five-level Alcalá Magna urban shopping center located in the heart of Alcala de Henares was built in just 16 months and has been fully let. Three levels house fashion, restaurant, food, leisure and service outlets with a car park occupying the remaining two levels. Tenants include fashion brands such as the Inditex Group (Zara, Bershka, Stradivarius, Oysho, Pull & Bear, Massimo Dutti and Zara Home); Cortefiel (Springfield and Woman's Secret); H&M, C&A, New Yorker, Punto Roma, Sfera, Tintoretto and Calzedonia and Amitié. Further tenants include a Mercadona supermarket and VidBoys, one of Spain's leading children's leisure operators.

Alcalá Magna can be easily reached. Located adjacent to Plaza de Toros in the city centre, visitors travelling by car have direct access to the National II and Radial II roads. Shoppers can walk to the shopping center in just ten minutes from the old city centre, and to the train station in five minutes.

Ángel Rodríguez Campos, Country Manager, ING Real Estate Spain, said, "We are delighted to celebrate the opening of our first shopping center serving the Madrid region. This is a milestone for our company. We are grateful to the City Council of Alcalá for their constant support. The Alcalá Magna shopping center has been developed to serve both the residents of Alcalá and those living in the vicinity of the Corredor del Henares. It has boosted employment by creating some 2,500 new jobs and is positioned to become the retail and leisure center of choice for the region."

Source: ING Real Estate

Related News