Sonae Sierra has announced the signing of a leasing service contract with Helios Immobiliare Group for former IP Area, in Fontevivo district in La Spezia. The structure is part of a wider project of urban requalification, with a particular focus on the reconversion of the former IP refinery area, and involves the construction of a two levels building which will offer about 11.000 m² of GLA. Works are expected to begin next September and will end on spring 2015.
"This contract will confirm our strong commitment to further strengthen our service provider activity for all business' sectors" commented José Maria Robles, General Manager of Property Management of Sonae Sierra in Italy. "This is an important project, both for its strategic position and for the land requalification it will promote. Moreover, the project will be able to complement different entities, giving a key role to shopping and entertainment, too".
"We are very proud of this opportunity to continue our cooperation with a valuable international partner such as Sonae Sierra. Thanks to their proven experience in the shopping center sector and after the positive experience represented by Le Terrazze Shopping Centre, we are sure that they'll be able to provide significant added value to this new project under development within the wider requalification and reconversion plan of the former IP refinery" added Sandro Bordigoni from Helios Immobiliare.
Source: Sonae Sierra