
13 new shopping centres were scheduled to open in Spain during 2020, spanning a gross leasable area (GLA) of 333,670 square metres. Moreover, many other shopping and leisure complexes were due to reopen and/or be expanded this year, but those plans have now been detained by the Covid-19 crisis.
“The project forecasts that we manage at the Spanish Association of Shopping Centres (AECC) span two years. Specifically, we had calculated that new space with a GLA of 726,450 square metres and expansions with a GLA of 94,629 square metres were due to open,” explains Eduardo Ceballos, President of the AECC, speaking to Brainsre.news.