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| British Land Expands in Europe British Land has formed a 50:50 joint venture with a group of European private investors and one of Spain's largest construction companies, Copcisa Corp, to develop a 2.1 million sq ft mixed retail and leisure scheme in Zaragoza, Spain. The scheme, known as Puerto Venecia, is situated in 60 hectares on the city's new ring road. It is one of the largest schemes of its kind underway in Europe. The retail park is scheduled to open in late 2007, with the final phase of the shopping centre due to be completed and trading at the end of 2008. The end capital value of the scheme is anticipated to be in the order of €500m. write your comments about the article :: © 2006 Construction News :: home page |