Metrovacesa leases 10,200 m[sup]2[/sup] in 1Q 2008

Spanish property giant Metrovacesa said on Tuesday that its shopping centre business has signed 37 new leasing contracts with first-class operators during the first quarter of the year. In total, Metrovacesa has rented 10,200 m[sup]2[/sup] of gross shopping centre space, which will boost annual rents by close to EUR 3 mln. Among the major new leases, FNAC has taken an additional 2,000 m[sup]2[/sup] of space within the Arenas de Barcelona shopping centre, while supermarket chain Champion, part of Carrefour, has rented 2,500 m[sup]2[/sup] of space in the Centre del Mon mall located in Perpignan, France.

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