Rodamco España is to invest €60m (Pts9.9bn), an estimated 40% of its capital, in a shopping and leisure project in Puerto Triana, Seville.
This project is part of the redevelopment of Isla de la Cartuja which is estimated at €150m (Pts24bn). The investment comes after TrizecHahn pulled out of the project.
The remaining financial backing will be supplied by a partnership between Ayesa, Monte and San Fernando banks.
Rodamco España owns 500,000m2 of property in Spain.
Expansión, 24 July 2000, page 13
