McArthurGlen, Europe's leading designer, development and management outlets, and Sonae Sierra, an international company dedicated to serving the needs of retail real estate investors, begin construction of the McArthurGlen Designer Outlet in Malaga - the first designer outlet in the south of Spain.
The project represents an investment of € 140 million, with 30,000 m2 of GLA (Gross Leasable Area) and is being developed in two phases. When completed, the McArthurGlen Designer Outlet Malaga will have an offer of over 170 brands, including some of the most sought after luxury brands and well-known fashion designers, alongside international and local brands - all offering discounts ranging from 30% to 70% . The first phase of the project, which covers an area of 17,500 m2 of GLA, is expected to open to the public at the end of 2018 and will include 100 stores.
Read more (in portuguese): Mcarthurglen and Sonae Sierra begin construction of the first Designer Outlet in southern Spain