Corpfin Capital Retail Parks, a vehicle managed by Corpfin Capital Real Estate, has acquired a 13,501 sqm plot located in Alcorcón, south of Madrid, where it plans to develop a retail complex. Project costs, including the land purchase, are estimated at €11m. Corpfin Capital already signed a contract with Supermercado Simply to open a 4,000 sqm store on the site, while the rest of the complex is still being marketed and advanced negotiations are being held with several retailers.
