This loan has increased confidence in the project’s success, said Ingo Nissen, managing director Sonae Sierra. The shopping center, which will open in 2016, required a EUR 180 million investment.


The shopping center has already reached an occupancy rate of 85%. It will have a rentable area of 70,000 sqm, and will include over 200 stores, 23 restaurants, a fun area, and 14 cinema screens. (source: