STATEMENT: Vallsur inaugurates “La Chismería”, its new leisure and restaurant area

(Information sent by the signatory company).

STATEMENT: Vallsur inaugurates “La Chismería”, its new leisure and restaurant area

(Information sent by the signatory company)

Valladolid, December 1, 2023.- Vallsur has inaugurated 'La Chismería', its new leisure and restaurant area, after the remodeling process of a large part of the first floor carried out over the last year. A project carried out by Castellana Properties, a listed company specializing in the retail sector and owner of the Valladolid shopping center, which culminates the completion of the first phase of the renovation project, whose objective is to continue positioning the shopping center as a benchmark in the region.

The opening ceremony, which took place in the shopping center, was attended by Jesús Julio Carnero, mayor of Valladolid, Víctor Martín Meléndez, councilor for Commerce, Markets and Consumption of the Valladolid City Council, José Ignacio Zarandona Fernández, councilor for Urban Planning and Housing of the Valladolid City Council, Julio García, Director of Operations at Castellana Properties, and Pablo Pérez, Manager of Vallsur. During the event, attendees had the opportunity to get to know the new leisure and restaurant area of ​​Vallsur: “La Chismería”.

During his speech, Carnero highlighted that there is “the important effort carried out by Vallsur to incorporate new spaces and activities.” Furthermore, he added that “this will mean the creation of new jobs and a greater range of services, which will result in a more satisfactory experience for the public. This remodeling constitutes a new boost for the shopping center, which already has a long history of 25 years in our city.”

This new space has more than 2,000 square meters for catering, mostly in Food Court format, and with establishments such as VIPS, Pomodoro, Pepe Taco, Juancho's, Reyna Istanbul, Santa Gloria and Urban Poke. The renovation project also includes more than 2,500 square meters for family leisure, among which the opening of Ozone Bowling, a leading company specialized in services related to bowling alleys and recreational machines, stands out, and a new children's play structure located in the central plaza that will unite the three floors. This children's space will soon be available in the shopping center.

In the words of Julio García, COO of Castellana Properties: “With the remodeling of Vallsur, a reflection of our commitment to the potential of this great region, we seek to ensure that the center continues to be a fundamental player for the future of Valladolid. At Castellana Properties we continue working to create meeting places in the daily lives of citizens. We hope that the people of Valladolid enjoy Vallsur in all its splendor, starting with the three days of inauguration.”

To celebrate this great milestone, Valladolid residents will be able to enjoy a complete agenda from this Friday, December 1, up to and including Sunday. The opening will feature a DJ session with Miss Deep IN and Jorge Tejedor, as well as a concert with Henry Méndez and a performance by Pablo Méndez. In addition, visitors will also be able to enjoy a Guinness World Record show and win hundreds of prizes during the three-day celebration.

“It has been 25 years since the journey of Vallsur began. In all this time, we have been evolving hand in hand with the people of Valladolid. We have seen how those children from Valladolid grew up with us and now they come to the shopping center with their children. And now, thanks to Castellana Properties' commitment to Vallsur and our region, we will continue to advance in our objective of strengthening our relationship with the city and confirming our reference position as a family center and meeting point for all Valladolid residents," he declared. during the press conference Pablo Pérez, manager of Vallsur.

For this repositioning project, Castellana Properties, the company that owns the shopping center, plans to invest a total of 16.7 million euros in the complete renovation of this first floor. In fact, the company is already working on the second phase of the project, which consists of the remodeling of the other half of the plant, a space intended mainly for fashion stores and which will see the light of day at the end of 2024.

About Vallsur -

Since its opening, the Vallsur shopping center, managed by CBRE REAL ESTATE, has become a benchmark in the city of Valladolid. With an area of ​​35,160 m2, more than 90 shops and 2,000 parking spaces, the center offers its customers a wide range of services whose objective is to satisfy all their needs. Furthermore, Vallsur has a clear policy of commitment to the environment, as demonstrated by its environmental management system in accordance with ISO 14001:2004 regulations.

About Castellana Properties -

Castellana Properties, a listed company specializing in the retail sector that, committed to active management of its portfolio, owns 16 shopping centers and parks in Spain with a gross leasable area of ​​368,495 m². The total value of the company's portfolio reaches 1,141 million euros.

Its good performance has been reflected by obtaining the long-term BBB-Investment Grade rating with a stable outlook from Fitch, the EPRA BPR Gold Award and the EPRA sBPR Gold Award, which aim to recognize and praise the efforts of real estate companies that have successfully adopted the EPRA (European Real Estate Association) guidelines in the field of financial and non-financial reporting.

Likewise, it obtained four stars in its second year of participation in the GRESB ranking, the global reference organization when it comes to measuring the environmental, social and corporate governance (ESG) capacity of companies present in the financial markets. after presenting its first ESG Annual Report last year. In addition, Castellana Properties has the Great Place to Work® certification, exceeding the sector average by 15 points.

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