Project Details
- GLA: 46,600 sq. m
- Current Owner: Argo Capital Property
- Our Mandate: 2010 – present
The Challenge
In 2010 we have been appointed by Argo Real Estate to handle the property management of Shopping City Suceava.
The Solution
We worked constantly to stabilise the asset on a very competitive local market:
- Strategic marketing;
- Changing the underperforming tenants with more competitive ones which strengthen both the tenant mix of the shopping center and turnovers figures;
- Repositioning of major international tenants on the local market, in terms of merchandise and prices.
The Results
Shopping City Suceava is a project where we demonstrated our capabilities by combining retail property management experience with strong letting abilities. C&W Retail Agency succeeded to secure leases within these projects with retailers like: Carrefour, Leroy Merlin, Mobexpert, New Yorker, Deichmann or Pepco.