A Madrid-based Real Estate team from global legal practice, Squire Sanders recently advised Eurofund Investments Zaragoza, SL on the commercialisation of Puerto Venecia, Europe’s largest retail and leisure destination, which opened its doors to the public on 4th October 2012.
The Real Estate team, led by partner Ramón Castilla, advised Eurofund Investments Zaragoza, SL, a joint venture between British Land and Orion Capital Managers.
British Land and Orion Capital have invested 400 million Euros in the creation of the largest shopping center in Europe, which has more than 2.2million sq ft, more than 250 units and over 10,000 parking spaces. The scheme features a 1 acre lake; part of which will become an ice rink in winter, a retail park and a fashion mall.
Squire Sanders partner Ramón Castilla, said: "It is a pleasure to work and be part of one of the largest and most important real estate projects in Spain and to especially see how thanks to this investment numerous jobs have been created”.