Redevco finishes transformation of Parque Corredor Shopping Center in Madrid

Madrid, December 2, 2020 – European urban real estate investment manager Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.

€45 million large scale renovation project completely modernised one of Spain’s largest shopping center
New layout of the scheme significantly improves circulation of 11 million yearly visitors.
Fashion brand Zara returns to Parque Corredor with a 3,800 sqm. store to join other major brands