Sonae Sierra has said it plans to invest EUR 15 mln to expand GuimarãeShopping to celebrate the 14th birthday of the mall in northern Portugal.
Sonae Sierra has said it plans to invest EUR 15 mln to expand GuimarãeShopping to celebrate the 14th birthday of the mall in northern Portugal.
The upgrade involves adding 4,000 m2 of gross lettable area to the shopping centre located in the city of Guimarãe. On completion, the centre will feature 113 shops and 16 restaurants over a total GLA of 31,500 m2.
Sonae Sierra said GuimarãeShopping receives 8.8 million visits per year and generated an annual sales volume of EUR 52 mln last year.
