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PRÍNCIPE PÍO MADRID - SPAIN - Corio

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<strong>PRÍNCIPE</strong> <strong>PÍO</strong><br />

<strong>MADRID</strong> - <strong>SPAIN</strong>


MANAGEMENT SUMMARY<br />

CITY PROFILE<br />

LOCATION CONTEXT<br />

SITE CONTEXT<br />

CATCHMENT AREA<br />

MARKET SITUATION<br />

PROGRAM AND CONCEPT<br />

TENANTS<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 2


MANAGEMENT SUMMARY<br />

PRINCIPE PIO – STYLISH SHOPPING AT THE HEART OF<br />

THE SPANISH CAPITAL<br />

•Príncipe Pío is a popular and stylish shopping and<br />

entertainment complex strategically located on the<br />

northern edge of the Spanish capital, on the site of an<br />

important transportation hub.<br />

•Innovation and elegance are key elements of the<br />

special atmosphere shaped by water, light, colour<br />

and sounds, creating an enticing environment for the<br />

enjoyment of 12 million visitors each year.<br />

•Year of construction/renovation: October 2004;<br />

GLA: 28,700 m 2 .<br />

•Famous historic Madrid landmark station building,<br />

synonymous with style and quality.<br />

•Catchment area: up to 6 million inhabitants of Greater<br />

Madrid.<br />

•Madrid has the highest GDP per capita in Spain the<br />

third highest of any European city.<br />

•Well connected by public transport: train, metro and<br />

bus.<br />

•Main tenants: Cinesa, Opencor, H&M, Mango,<br />

Benetton, Inditex Group, Vips, Oktoberfest, Starbucks,<br />

La Tagliatella, Fuego Pizza & Music, Burger King.<br />

•Only Madrid shopping center with Sundays and public<br />

holiday trading permit.<br />

•Open 365 days a year.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 3


CITY/AREA PROFILE<br />

LOCATION:<br />

Shopping, sightseeing and communing with nature – by<br />

bike<br />

•Príncipe Pío is located at the heart of the city of Madrid<br />

and Madrid is at the centre of the Iberian Peninsula.<br />

•Madrid traces its origins back to 1083 as the site of<br />

the fortified settlement of Magrīţ conquered by<br />

Alphonse VI of Castile and Leon. In 1561 the town<br />

became the seat of the court of Philip II, the first<br />

permanent capital of the Spanish monarchy, and its<br />

capital and seat of government ever since.<br />

•Príncipe Pío is housed in the old 20th Century Madrid<br />

North train station and close to the city’s universities<br />

and colleges.<br />

•Príncipe Pío is on the old banks of the Manzanares<br />

River at the gateway to Madrid’s new green parklands<br />

development, Madrid River, an area of parks and<br />

woodlands covering 1.2 million square metres.<br />

•Cycle, shop and commune with nature! Visitors to<br />

Príncipe Pío can rent a bicycle to tour the Madrid<br />

River development and its 30 km of cycling trails<br />

snaking through the city.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 4


LOCATION CONTEXT<br />

AT THE TOURIST HEART OF <strong>MADRID</strong><br />

•Príncipe Pío is located at the tourist heart of the<br />

Spanish capital in the triangle stretching from the old<br />

part of the Calle Mayor and Puerta del Sol to the Gran<br />

Vía, an area rich in historic landmarks that include the<br />

Almudena Cathedral and the Royal Palace.<br />

•Príncipe Pío is close to Hotel Flórida Norte, a hotel<br />

popular with more affluent tourists seeking historic<br />

tradition, many of whom visit the centre.<br />

•Madrid is a popular all-year-round tourist destination<br />

and an important city for trade fairs and congresses.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 5


SITE CONTEXT<br />

•Príncipe Pío is housed in the old 20th Century Madrid<br />

North train station and close to the city’s universities<br />

and colleges.<br />

•The building’s elegant architecture, its lofty ceilings<br />

and series of arcades, epitomises fin-de-siècle,<br />

Parisian neo-classical railway station design.<br />

•The centre is well connected to the local and national<br />

train, metro and bus networks.<br />

•A major transportation hub used by rail, bus and<br />

metro passengers to access to the city.<br />

•Area of influence contains many important tourist<br />

spots such as the Royal Palace, the Plaza de España<br />

and the historic centre of Madrid, from where you can<br />

get to Príncipe Pío in under 5 minutes.<br />

•Direct access to major city and national thoroughfares,<br />

such as the M-30, and the motorways to Andalucia,<br />

Extremadura and La Coruña motorways.<br />

•Parking spaces: 850 in an area with limited parking.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 6


CATCHMENT AREA<br />

•Madrid is the capital of Spain and the Community of<br />

Madrid, a self-governing regional entity. It is the<br />

largest and most populous city in the country, with 3.2<br />

million inhabitants in the city itself and 6 million in<br />

the greater metropolitan area.<br />

•In terms of population, Madrid is third largest city in<br />

the European Union, behind London and Berlin, and<br />

the third largest metropolitan area after London and<br />

Paris.<br />

ECONOMY<br />

•Madrid has the highest GDP per capita in Spain the<br />

third highest of any European city.<br />

•Madrid’s economy accounts for 10% of the national<br />

income.<br />

•The most important sector is services, representing<br />

85% of the city’s economy.<br />

•Madrid is itself the largest business in Spain:<br />

– 72% of the 2000 largest companies in Spain are<br />

headquartered in Madrid.<br />

– 50% of the income of the 5,000 leading Spanish<br />

companies is generated by companies with<br />

headquarters in Madrid.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 7


PROGRAM AND CONCEPT<br />

FUNDAMENTALS<br />

Príncipe Pío houses more than 110 shops of leading<br />

national and international brands, in fashion<br />

and accessories, home décor, cafés, restaurants,<br />

supermarkets and leisure activities. It represents one of<br />

the best choices in fashion and shopping 365 days<br />

WWW.CCPRINCIPEPIO.COM<br />

per year and entertainment and leisure activities allyear-round.<br />

Given its central location and its landmark<br />

status, it attracts a high level of media interest. It offers<br />

a wide range of leisure activities: cinemas and excellent<br />

restaurants, and a good mix of tenants.<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 8


TENANTS<br />

FASHION: H&M, MANGO,<br />

BENETTON, INDITEX GROUP<br />

(ZARA, BERSHKA, MASSIMO<br />

DUTTI, PULL& BEAR,<br />

STRADIVARIUS, ZARA HOME,<br />

OYSHO), SALSA JEANS,<br />

SPRINGFIELD, CALZEDONIA,<br />

INTIMISSIMI, TRUCCO,<br />

TINTORETTO, WOMEN’SECRET<br />

RESTAURANTS & FAST FOOD:<br />

GINO´S, VIPS, OKTOBERFEST,<br />

STARBUCKS, LA TAGLIATELLA,<br />

FUEGO PIZZA & MUSIC,<br />

MCDONALDS, BURGER KING, 100<br />

MONTADITOS, COLONIAL NORTE,<br />

FOSTER’S HOLLYWOOD, FURAMA,<br />

RODILLA, PANS & CO, HÄAGEN<br />

DAZS<br />

OTHER: CINESA, OPENCOR<br />

FOOTFALL<br />

12,000,000<br />

TENANT DISTRIBUTION<br />

IN M 2<br />

Restaurant<br />

Clothing & Acces<br />

Health & Beauty<br />

Other<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 9


CORIO N.V.<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E corio@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO NEDERLAND<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E info@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO FRANCE<br />

Tour Exaltis, 61, rue Henri Régnault<br />

92075 Paris La Défense cedex, France<br />

T +33 (0) 1 474 53 000 F +33 (0) 1 474 55 850<br />

E info@fr.corio-eu.com, I www.corio-eu.com<br />

CORIO ITALIA<br />

Via Fabio Filzi 25/a, 20124 Milan, Italy<br />

T +39 026 69 63 49 F +39 026 69 77 11<br />

E info@it.corio-eu.com, I www.corio-eu.com<br />

CORIO ESPAÑA<br />

Paseo de la Castellana 93 5º Planta<br />

28046 Madrid, Spain<br />

T +34 91 426 17 77 F +34 91 435 56 44<br />

E info@es.corio-eu.com, I www.corio-eu.com<br />

CORIO DEUTSCHLAND<br />

Königsstraße 13, 47051 Duisburg, Germany<br />

T +49 203 4196 1500, F +49 203 4196 1501<br />

E info@de.corio-eu.com, I www.corio-eu.com<br />

CORIO TÜRKIYE<br />

KANYON Ofis Blok Büyükdere Cad. No:185 Kat 18<br />

Levent, Istanbul - 34394 TR, Turkey<br />

T +90 212 371 30 00 F +90 212 353 54 42<br />

E info@tr.corio-eu.com, I www.corio-eu.com<br />

<strong>PRÍNCIPE</strong> <strong>PÍO</strong> - <strong>MADRID</strong> <strong>SPAIN</strong> 10

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