Local estate agent, Mislocales, stated that Spain is preparing for the opening of 16 new shopping centers over the next 24 months, which will result in more than 500000m² of retail space.
Thus far this year has witnessed the opening of new malls at Ciudad de la Imagen in Seville, Ikea Parc de Alfafar in Valencia and El Nevero in Badajoz. These openings created new gross space for letting of 59000m². There are also several other malls which are undergoing additions.
Spanish retail has experienced major investments during the past 12 months from Oaktree, Blackstone, Patron Capital and Intu Properties. According to the Spanish Association of Shopping Centers (AECC), the total available amount of mall space across the country at the close of 2013 was 15.3 million square meters.
Pharrell unveils Louis Vuitton's first digital collectible, valued at over $8,000
Footwear brand Kizik launches its first pop-up store in NYC 
Ingka Centres opens first meeting place in northwest China
Uniqlo opens a new flagship in central London
Adidas raises earnings guidance as sales exceed expectations
Central Group acquires German department store KaDeWe
Meet Saluhall, the first plant-forward food hall in San Francisco 
Coach files trademark complaint against Old Navy 
Ingka opens unique culinary development in downtown San Francisco 
McDonald's to acquire franchised stores in Israel 
Amazon removes Just Walk Out tech from all of its stores in the US