From now, it’s only 6 month to adapt the new European Service Directive “Bolkestein” into local law. Until the 28th of December 2009, the Government of Spain is obliged to abolish the current restrictions for large scale retail licences in all autonomus regions. The Retalia Retail Development Fund Spain will early purchase and secure sites in prime locations inside non-saturated areas and develop retail parks, shopping centers and other types of retail properties such as diy-stores and hipermarkets, once the EU-Bolkestein Directive is lawful in December 2009.
