US real estate company Hines is planning to invest up to EUR 500 mln on the development of several projects across Spain, newspaper Cinco Dias reported, citing chairman John Gomez Hall. Hines, which entered Spain in 1996, is currently active in the development of three offices in Madrid's Las Rozas as well as a shopping centre in the Zielo de Pozuelo district of the Spanish capital. Both are expected to open in 2009. Hines added that it is planning to develop a 37,000 m[sup]2[/sup] business park including eight buildings, a hotel and 1,000 parking spaces in Barcelona.
US real estate company Hines is planning to invest up to EUR 500 mln on the development of several projects across Spain, newspaper Cinco Dias reported, citing chairman John Gomez Hall. Hines, which entered Spain in 1996, is currently active in the development of three offices in Madrid's Las Rozas as well as a shopping centre in the Zielo de Pozuelo district of the Spanish capital. Both are expected to open in 2009. Hines added that it is planning to develop a 37,000 m2 business park including eight buildings, a hotel and 1,000 parking spaces in Barcelona.
