Eroski sells 45 million El Mirador to an investment fund – La Provincia

Eroski sells 45 million El Mirador to an investment fund - La Provincia


The Eroski group yesterday closed the sale to the General Commercial Galleries sociimi of the El Mirador shopping center in Las Palmas de Gran Canaria, for more than 45 million euros, according to the consultancy Cushman & Wakefield, who has advised on the transaction to the seller. General de Galerias Comerciales is a company formed more than twenty years ago and which was converted into a listed real estate company (socimi) when this mode of investment arose.

It began trading on the Alternative Stock Market in 2017 and has shopping centers in Andalusia (Marbella, Sanlúcar de Barrameda, Armilla, Roquetas de Mar and Almeria) and in Catalonia (Mataró), among other assets.

The shopping center El Mirador, located between the capital of the island and the municipality of Telde, opened in 2010 and has a gross leasable area of ​​47,290 square meters, distributed over two floors, in which 120 stores are distributed, including signatures important as Zara, with more than 2,000 square meters, H & M, Cortefiel or Primark, the latter with a local of 5,000 meters, the largest space that the Irish company manages in the Archipelago.

In the construction of the commercial surface, with the architect Enrique Martín Gago and the multinational engineering company Eptisa, the Canarian businessman Ambrosio Jiménez, promoter of the Las Terrazas shopping center, which is located on the coast of Telde, very close to Jinámar, participated. and of the surface occupied by his older brother, El Mirador.

The distribution of the shopping center, which is located in the Mirador del Valle, resembles from the GC-1 highway to the terminal of an airport. There, at the top of Jinámar, its two plants and 4,000 car parks are distributed.

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