Scottish Widows Investment Partnership (SWIP) required Colliers services to act as project managers for a retail development in Alcorcón, Madrid. Our team provided SWIP with integrated services for the construction of two retail units that were let to PRENATAL and BLANCO, Spanish leading operators in baby equipment and fashion respectively.
The scope of Colliers’ services for the development included an initial technical and town planning report, project management during the design of the building, development and construction management and coordination with the tenants to adapt the project to their specific needs and requirements.
Colliers expertise made possible the construction of first quality retail space optimizing economic and time resources and therefore maximizing the value of the premises, which were successfully delivered to the tenants according to the timing and quality conditions specified in the lease agreements.
Final results far exceeded SWIP expectations for this development.