In a statement, Heed Capital explained that the Évora Retail Park is part of the assets managed by Aston Gold FCR, a closed venture capital fund launched by the company in 2021.

With this expansion, “the space, purchased in 2021 from Europar, will increase from 6,000 square meters (m2) to 14,000 m2 of covered built area”, revealed the asset management company focused on investment funds and financial consultancy.

The Évora Retail Park, it said, will have more than 800 parking spaces and will house the first store in the Alentejo of the Spanish supermarket chain Mercadona, which will open this Thursday.

In addition, it will house a Kiwoco store, a Espaço Casa and an Eyewear Factory, the company added, highlighting that the 25 million euro investment “will generate the creation of 200 new jobs in the city of Évora”.

This will contribute “directly to the economic development of the interior of the country”, it stressed.

“This investment confirms our ability, through our multidisciplinary teams, to manage our clients’ resources, both in liquid assets and in those with less liquidity”, stated Fernando Fonseca, head of the Aston Gold fund.

The land where the retail park is located has a total area of ​​approximately 66,000 m2, and the owners have informed that they have ceded “an area of ​​almost 7,000 m2 to the Évora City Council” for “the construction of a new access road to the site, as well as the connection to an existing roundabout”.

Heed Capital is an asset management company that focuses on investment funds and financial consultancy in different geographies.

It currently has approximately 300 million euros of AUM, between liquid funds and alternative investment funds.

Formerly known as Dunas Capital, the company was founded more than two decades ago.