As part of the contract that Yarrells Property, in a strategic alliance with Cat Real Estate, has with URO Property Holdings to sell or lease empty banking units, a 2 story corner property has been successfully converted into 8 new build apartments and studios. The units were completed in the final quarter of 2020 and by end 2020 some 40% of the development has been sold.
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Lease of retail units
Under the same contract, in December 2020 two agreements were signed for the letting of units to supermarket chains Condis and Primaprix, the latter being a French outlet food chain, recently set up in Spain.
4th quarter 2020