The total investment of the Parque Tepeyac development is 3,600 million pesos, where Fibra Danhos participates with 50%, equivalent to 1,800 million pesos, including land, of which 1,356 million pesos has already been invested to the date.
The opening date of the first phase of Parque Tepeyac is estimated during the first half of next year.
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Until the end of June, Parque Tepeyac registered an overall advance of approximately 62.9% in its works, while the commercialization process was advancing.
The complex, as a whole, is located on several properties whose combined surface area is 51,700 square meters.
The new mixed-use development is located in the northeastern area of Mexico City, includes a shopping and entertainment center with more than 120 thousand square meters of commercial area, which will include the Liverpool, Sears department stores, as well as a Cinépolis and a convenience store.
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While the anchor concept of entertainment is still in the process of being defined, its destined area will be around 20 thousand square meters.
Fibra Danhos has a portfolio of properties between shopping centers and offices, among them Torre Virreyes, located in Mexico City, will be in charge of the management, construction, operation and administration of the project.
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