The slowdown in economic growth which began in 2007 continued in 2008, taking the growth rate to an average of 1.2%, just above the Euro area average of 0.7%.
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The value of the Spanish retail portfolio reduced from € 546.7 million at year-end 2007 to € 482.1 million at the end of 2008.
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The theoretical rental income in Spain stood at € 35.1 million in 2008, an increase of € 1.2 million or 3.5% on 2007.
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The nine Corio centres in Spain were visited by just over 50 million people in 2008; this was 1.4% fewer than in the previous year, in line with the general market trend.
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At year-end 2008, the Spanish pipeline amounted to € 15 million (year-end 2007: € 65.5 million), including € 0.8 million (year-end 2007: € 8.9 million) in investments already made.
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Cáceres is situated in the region of Extremadura to the south west of Madrid.
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Ruta de la Plata is the main shopping district in Cáceres; competition is limited to a few hypermarkets and the small shopping district in the town’s historic centre.
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Fashion stores are the most frequently visited segment of the centre among all groups of users.
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