April 18th 2002
One month after the Inauguration of Parque D.Pedro
Sonae Imobiliária inaugurates Plaza Mayor
Sonae Imobiliária will open tomorrow, in partnership with Castle Management [25%], its first project developed from the greenfield in Spain, the Plaza Mayor. This undertaking represented an investment of €46,9 million and is the first leisure centre in Andaluzia with a Gross Lettable Area of over 27.000 m2. The Plaza Mayor is expected to receive 6 million visits during its first year in operation.
Based on an innovative concept, the Plaza Mayor brings together in one single site a diversified offer orientated towards leisure and spare times: cinemas, sports, bowling, children entertainment, restaurants, bars, esplanades and shops.
Inspired on the region's traditional architecture, the Plaza Mayor recreates a typical Andaluzian town with streets, squares, gardens and fountains. For visitors' rest, a
20.000 m2 green area with 1.000 trees has been created.
The Plaza Mayor was planned according to Sonae Imobiliária's quality standards regarding environmental management, which reflect on the construction materials, efficient energy recovery, water and effluent treatment, recycling bins, among others.
Sonae Imobiliária is a leader in development, operation and management of shopping and leisure centres, operating in Portugal, Spain, Greece, Germany, Austria, Italy and Brazil. It has currently under management 1.128.000 m2 of GLA and over 3.949 shop tenants in Portugal, Spain and Brazil. In 2001 it obtained a consolidated net profit of €120,9 million.
In Spain, Sonae Imobiliária holds 25% of Parque Principado and is developing 3 projects: shopping and leisure centre Avenida 40 in Madrid, the Málaga Factory Outlet and a shopping and leisure centre in Toledo.
More Information Ana Dinis - Imago - 21 923 97 00