Seville is one of Spain's pioneering cities in terms of shopping centres. Since the opening of Los Arcos in 1992, the sector has been innovating in each of the subsequent developments opened in the city, always adapting to the latest market trends at all times.
Irene Giménez | Director Sevilla
With the opening of the Lagoh shopping centre and its 100,000 sq m of GLA, Seville has placed itself at the forefront of the latest trends in the sector and is a reference for the development of new projects on a national level. The city is one of the most densely commercialised areas in the south of the country. Nervión Plaza, Los Arcos and Torre Sevilla are the reference centres in the urban setting. AireSur and Metromar have established themselves as convenience centres in the Aljarafe area. The city's commercial outlook is positive for 2022. With the good tourist expectations and the improved control of the health situation, increases in both traffic and turnover are expected and the main centres within the urban fabric continue to attract the interest of operators and users. In terms of rents, and as is the case at national level, prices for smaller premises (around 50 sq m) are around €60/sq m/month. In prime locations, rents for this type of space can be as high as €90/sq m/month. Medium sized premises - around 200 sq m - have an average rent of around €35/sq m/month and larger premises - above 1,000 sq m - have an average rent of around €9/sq m/month. By way of reference, shopping centres have an average rent of between €18-21/sq m/month due to the diversity of sizes and activities, while retail parks average €10/sq m/month due to their larger surface areas. At the present time, in the midst of the evolution and transformation of retail, the city of Seville, as a strategic point in terms of its commercial activity, presents a great opportunity. In fact, several of the latest shopping centres inaugurated in Spain in recent years have been in Seville, and proof of the city's appeal is that this year it has been selected as the venue for the 17th Congress of the Spanish Association of Shopping Centres.