Lleida, 23 April 2026 – The investors, developers and managers of Shopping Promenade Lleida, Eurofund Group and FREY, today announced the award of the construction contract for the future development to the joint venture (UTE) formed by the Lleida-based companies Romero Polo and Sorigué, together with Dragados, with each company holding an equal share in the works.
 
The selection of this joint venture marks a decisive step forward for the project and reinforces the developers’ commitment to the region and its business community. Together, the Lleida-based companies will carry out most of the work on the project, alongside Dragados, in line with the developers’ commitment to boosting the local impact of the investment. Romero Polo and Sorigué both originated in Lleida and have a solid track record there, as well as extensive experience in delivering projects throughout Spain. Dragados, meanwhile, brings an outstanding track record in major construction projects in Spain and abroad.
 
The award of the contract allows the project to keep moving forward. The contract awarded to the joint venture covers the entire construction of the complex. Work will initially focus on earthworks and the foundations. This will be followed by the erection of the building structures, the construction of the façades and roofs, and the interior fit-out. The final phase will include the urban development works, the creation of parking areas and the landscaping, with over 20,000 m² of green spaces and the planting of nearly 1,000 trees.

An engine of employment and opportunities for Lleida
 
At the peak of construction, the workforce will reach around 300 across the three companies that make up the joint venture. In line with the developers’ commitment to maximising the positive impact of the project on the region, priority will be given to hiring local professionals and companies, ensuring a tangible economic impact on the province of Lleida.
 
A retail space that complements Lleida
 
Shopping Promenade Lleida will be the city’s first open-air retail and leisure destination, representing an investment of over €145 million and the creation of 1,400 direct and indirect jobs. The project will complement the existing retail offering in Lleida, providing new spaces, open formats and services that expand the city’s shopping experience.
 
The project will cover over 56,000 m² on the Torre Salses site and is conceived as an open space that prioritises outdoor areas and accessibility. Furthermore, it has been designed in line with sustainability and energy efficiency criteria, prioritising natural lighting, lower energy consumption and the responsible management of water and waste, both during construction and in its future operation.

Shopping Promenade Lleida is a flagship project for the future of Lleida. More than a retail development, it will offer a wide range of attractions combining shopping, leisure, dining and cultural experiences in an open and accessible landscaped setting.
 
The project incorporates pedestrian walkways, green spaces, welcoming terraces, art installations, experiential routes and family play areas, designed to encourage a variety of uses both in everyday life and during leisure time. In this way, Shopping Promenade Lleida is positioned as a sustainable driver of regional attraction and a new benchmark for residents and visitors.

Shopping Promenade Lleida aims to achieve BREEAM Excellent certification, reflecting a comprehensive approach that encompasses energy efficiency, landscape design, responsible resource management and the quality of the visitor experience.

About Eurofund Group
 
Eurofund Group is a real estate investment, development and management group with more than 30 years of experience in the market. It operates in Spain, Portugal, the United Kingdom, Germany and Italy, and is structured into several lines of business: Eurofund Retail and Living, which includes coliving spaces such as Tribu in London, and senior living projects under the Luana brand.
The company’s most notable projects include Puerto Venecia in Zaragoza, named Best Shopping Centre in the World at MAPIC 2013; the acquisition of UBBO (formerly Dolce Vita Tejo) in Lisbon, which was transformed into Portugal’s first shopping resort; and the purchase, together with Henderson Park, of Silverburn, Glasgow’s leading shopping centre. In March 2024, Eurofund Group, together with Henderson Park and in collaboration with strategic partners, acquired Islazul, Madrid’s largest shopping centre and a pioneer in sustainability, which in 2025 achieved the highest rating under the BREEAM® certification framework.
 
In 2022, the company entered the Italian market for the first time with the acquisition of Parma Retail, in partnership with its strategic partner Signal Capital, to transform it into Parma Promenade, an asset it eventually acquired outright in 2024. In July 2023, Eurofund Group further expanded its presence in Europe with the acquisition of Rhein Ruhr Zentrum in Mülheim, Germany, through a joint venture with strategic partners.
 
About FREY
 
FREY is a listed real estate company and one of Europe’s leading operators of premium retail destinations in the retail park and outlet village segments.

The Group develops, invests in and manages more than 40 destinations in 10 countries, totalling more than 1.2 million m² of retail space and €2.6 billion in assets (Group share). Its assets attract around 140 million visitors a year, making FREY a European retail platform that delivers strong results for brands, investors and the regions in which it operates.

As a certified B Corp, FREY combines a long-term investment horizon with a low-carbon development approach. Recognised as a pioneer in next-generation commercial real estate, the company draws on innovation, data analysis and a deep understanding of European lifestyles and tourist flows to design destinations that drive the growth of both international and local brands.

Founded in France and inspired by the European lifestyle, FREY is the French real estate company shaping a new generation of commercial and leisure destinations, in the places where Europe comes alive.

FREY is listed on Compartment B of Euronext Paris.
ISIN Code: FR0010588079 — Ticker: FREY

Media contact
Eurofund Group
Cristina Sánchez csanchez@eurofundgroup.com | 660 85 95 17 

Burson
Pol Ariza pol.ariza@bursonglobal.com | 682 22 54 74