AENA reveals expansion details for Madrid and Barcelona airports

SPAIN. AENA Aeropuertos has revealed details of its commercial redevelopment plans at Madrid Barajas and Barcelona airports, which will enhance retail and food & beverage space substantially over the next two years.

The expansion of duty free space will be central to those plans, with new walk-through stores in the pipeline. As reported, World Duty Free Group captured the major concessions at 26 Spanish airports through an auction on 10 December.

AENA is planning to redevelop commercial at Madrid (above) and Barcelona T1 (below)

At Madrid, AENA aims to grow its income from commercial from an estimated €72 million in 2013 to €175 million by 2020. Principally, this will come through an expansion of concession space across the airport from 32,200sq m today to 41,763sq m by late 2014. The biggest increase will come in T4, where space for commercial concessions will grow from 12,829sq m to 17,639sq m, while in the T4 Satellite it will climb from 6,118sq m to 7,861sq m. In terminals 1, 2 and 3 combined, space will expand from 13,258sq m to 16,263sq m.

The planned new-look zones at Madrid T4 (above) and T4 Satellite (below)

The expansion project AENA plans will add new brand names, it says, as well as improve the passenger experience, create a more relaxing and entertaining environment and incorporate the use of more digital technology.

In food & beverage, well-known High Street brands will be added, while in luxury goods (split from duty free under the latest concessions) a new area will be branded as Madrid Fashion Hub. Tenders are planned in the coming months to populate this zone, with an emphasis on Madrid T4 and the T4 Satellite. When work is completed, and retail, F&B and seating areas are better integrated, commercial will cover 75% of the floor space in T4, and 67% in the T4 Satellite at Madrid.

How commercial space at Madrid will expand in the next two years

At Barcelona T1, work will occur in phases and will mainly be complete by the end of 2013. As well as a new walk-through store, new duty paid branded units plus some new F&B will feature.

Duty free space will virtually double to 3,853sq m by early 2014, with duty paid space increasing by around +20% to 8,097sq m. That translates to a +36% rise in available retail space; F&B space will grow by around +5% to 8,536sq m by next year.

Duty free space will almost double at Barcelona following the investment

Note: The expansion plans will be part of a major feature on Spain’s airports to appear in the January Print Edition of The Moodie Report. This will include an in-depth interview with WDFG management on last month’s tenders, reaction from AENA to WDFG’s success, plus more details on the commercial projects at the key airports.

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