Felicia Shopping Center Iasi

Felicia Shopping Center Iasi CASE STUDIES

Project Details

  • GLA: 29.000 sq. m
  • Owner: CBRE Global Investors & Carrefour Romania
  • Our Mandate: 2012-2016

The Challenge

Throughout 2012 – 2016 we have been appointed to provide property management services for Felicia Shopping Center Iasi.

The Solution

We worked to stabilise the asset on a very competitive local market. A strategic approach has been devised and implemented to drive value into the scheme;

The Results

Our major success during the mandate is that we managed to have 100% occupancy rate by the end of each year, starting 2012. We also managed to stabilized the footfall, after the strong impact of Palas Grand Opening in May 2012, reaching 2% increase at the end of our manadate.