Credit: Carrefour Property Mallorca
Development

66,000 sq m of GLA for Palma

“FAN Mallorca Shopping,” Carrefour Property’s largest real estate project currently underway in Europe, opens in September.

With an overall investment of €190 million, construction and leasing for the opening of Carrefour Property’s major mall in Palma de Majorca is progressing unabated, with more than 92% of the GLA leased. Around 1,500 people will find jobs in the new shopping center. The largest project currently under development in Europe by the Group’s real estate subsidiary is located on a consolidated retail plot named Avenida Cardenal Rossel. It is well-known by Majorcan locals for being situated adjacent to one of Spain’s most successful Carrefour hypermarkets.

With over 66,000 sq m of GLA, 120 shops, and 2,500 parking spaces, “FAN Mallorca Shopping” is in the process of becoming a latest generation, large-scale mall—a place where customers can enjoy online and offline experiences, with a 4-D cinema complex operated by Artesiete, a breath-taking food court, and a spectacular leisure area. Carrefour Property has worked successfully on leasing since the project’s inception. As a result, brands from various sectors, such as Primark, Media Markt, Decathlon, H&M, Mango, C&A, Artesiete, Cortefiel Group (Cortefiel, Pedro del Hierro, Women’secret, Springfield), Sfera, Calzedonia, Hunkemöller, Kiabi, Dock39, Parfois, Celio, Adidas, Décimas, Polinesia, Rituals, Yves Rocher, Primor, and Centros Único have already joined the list of confirmed retailers.

BREEAM certification

Incidentally, the name “fan,” which one might associate with the English terms “fun” or “fan,” remembers the typical Majorcan windmills that inspires the new logo, recreated with the colours of the sun.

Construction of “FAN Mallorca Shopping” is progressing at an uninterrupted pace with an approach focused on environmental respect and energy sustainability. The project, which has all permits and legal requirements, also meets the guidelines established by the BREEAM certification. The complex is being given a Majorcan character in look and style.

Credit: Carrefour Property Mallorca
Credit: Carrefour Property Mallorca

 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Development MORE

Mixed-use tower Timber Pioneer in Frankfurt receives building permits

The construction of the project developed by UBM Development and Paulus Immobilien is entering the implementation phase.

Plans revealed for Malmö Designer Village

The 27, 000 sq m project is being delivered by Rioja Estates in partnership with Osborne+Co, its first phase is expected to open in Summer 2025 with Phase Two following soon after in Autumn 2027.

Green Light for 155-meter mixed-use tower in Vienna Twentytwo urban quarter

Signa and ARE Austrian Real Estate recently received building permits for the 155-meter-high mixed-use tower and an office building. This clears the way for the completion of the Vienna Twentytwo urban quarter, which has been under construction since 2019.

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.

Tbilisi Outlet Village construction is full speed ahead

Construction of the 12,500 sq m phase1 of Tbilisi Outlet Village outside the Georgian capital has well progressed since the project celebrated groundbreaking early September this year.

Garbe, Terragon, and URW join to develop residential project in Westfield Hamburg-Überseequartier

In a joint venture, Garbe Immobilien-Projekte and Terragon have acquired a residential building in Westfield Hamburg-Überseequartier. Together with Unibail-Rodamco-Westfield, they are now working on the urban development within the mixed-use quarter.