Portuguese shopping centre specialist Sonae Sierra said on Monday it has started the construction of a new shopping and leisure centre in Leiria, in central Portugal. LeiriaShopping will be the result of the expansion of the current Continente de Leiria shopping mall, and is scheduled to open in the spring of 2010.
Portuguese shopping centre specialist Sonae Sierra said on Monday it has started the construction of a new shopping and leisure centre in Leiria, in central Portugal. LeiriaShopping will be the result of the expansion of the current Continente de Leiria shopping mall, and is scheduled to open in the spring of 2010.
With a Gross Lettable Area (GLA) of 43,200 m2 across 108 retail units, the new centre represents an investment of EUR 75mln and will create 900 new jobs. The centre will be anchored by a Continente hypermarket, a Castello Lopes cinema with seven screens and a C&A store. It is expected to have a total of 16 restaurants and a parking lot with 2,000 parking spaces.
With the opening of the new centre, annual visits are expected to grow from the current 5 million to 8 million per year, Sonae Sierra said.
