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A Property Developer is Created to Build the Intu Costa del Sol Mega-Project in Torremolinos

The project is still on track despite the pandemic and on 6 November, a company called ‘Intu Costa del Sol Resort’ was registered in Madrid's Mercantile Registry.

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The Intu Costa del Sol project is pushing ahead and a development company has now been created despite the effects of the pandemic and the precautionary suspension of the General Urban Planning Plan (PGOU), as reported by Eurofound Group, partner of the developer Intu Properties, which filed for bankruptcy in June.

On 6 November, the company ‘Intu Costa del Sol Resort’ was registered in Madrid’s Mercantile Registry, with Ian Andrew Sandford appointed as a director and vice president. Mr Sandford also serves as a director of the Eurofound Group, according to reports Malaga Today. Likewise, the Registry reflected the resignation of José Urrutia del Pozo as vice president.

Read the full article in Spanish.

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