ARAM shows record-breaking Czech growth



Active Retail Asset Management, European specialist management firm, has announced its strongest performance figures to date.
This includes 52 leasing deals during Q1 and Q2 of 2016 across its Czech Republic shopping centre portfolio. ARAM is responsible for the management of major Czech shopping and leisure destinations Forum Nova Karolina in Ostrava, Futurum Hradec Králové in Hradec Králové and Forum Ústí nad Labem in Ústí nad Labem- the first two schemes owned by Meyer Bergman and HOOPP, and Forum Ústí nad Labem owned by New Europe Property Investments plc and Olomouc Retail Park owned by Gemo.

Forum Nova Karolina

Forum Nova Karolina leads the way as the star performer with 40 leases renewed in 2015 and 41 leases renewed so far this year signed which is significantly ahead of schedule. The centre has also introduced nine new brands since 2015. This positive outlook is supported by a 9% increase in sales and 3% rise in footfall January to May 2016, continuing the strong trend witnessed in 2015 (sales +11%, footfall +9%).

This series of new deals at the centre totals some 17,997 sq ft (1,672 sq m), which includes the food concept SpiceBox, a newcomer to the Czech market. The latest signings also involve Tiger, Parky’s, vegg-go, Bat’a, Bijou Brigitte, Columbia, La Martina and JRC.

With the introduction of these new retailers, Forum Nova Karolina is currently 95% let, with remaining space in solicitors’ hands.

The Czech retail market is proving increasingly irresistible to retailers, with a series of international brands such as Hamley’s, 4F and COS choosing to enter into the country in 2016. The market is growing with a 6.2% increase in retail sales year on year to April 2016. The total volume of real estate transactions exceeded 2.8 billion EUR in 2015 (+40% vs 2014), 28% of which from the retail sector. ARAM has found this trend to be consistent across the rest of its portfolio including shopping centres Futurum Hradec Králové, and Forum Ústí nad Labem, which have shown sales and footfall growth, alongside numerous new lettings and lease renewals (see full information below).

More about shopping malls in Czech Republic



TODAY, United Kingdom:
The retailer decided the day after the bankruptcy of the primary tenant - the owner of Topshop brand.
TODAY, USA:
Sephora stores will open in department stores of about 115 square meters.
YESTERDAY, United Kingdom:
Even before the pandemic, the company experienced financial difficulties. A weak online presence and reliance on physical stores only aggravated the situation.
DAY BEFORE YESTERDAY, United Arab Emirates:
With a rental area of 418,000 square meters, Deira Mall will be the largest in the Middle East.
DAY BEFORE YESTERDAY, USA:
While daily store attendance on Black Friday fell by 52%, online sales hit a new record.
DAY BEFORE YESTERDAY, USA:
Ascena will transfer Ann Taylor, LOFT, Lou & Grey, and Lane Bryant brands to Premium Apparel.
Friend
and Follow
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us