Mega Mall, the largest project developed by South African investment fund NEPI (New Europe Property Investments) in Bucharest registered an overall increase after the first year of operation, which is reflected both in terms of turnover and visitors.
The shopping center reached an increase in turnover of 30 percent compared to the first months after launch, a press release informs on Tuesday. Also, just one year after its opening, Mega Mall is on an upward trend in terms of visitors’ traffic, recording an increase of 32 percent.
The first year of activity also brought significant results for fashion retailers covering a lettable area of 77,000 sqm, recording an average growth of 36 percent, while those from food & beverages area recorded an increase of 34 percent and services – by 70 percent.
Mega Mall’s evolution comes amid an increase posted by NEPI at group level, all 15 shopping centers in its portfolio recording positive results this year.
For the next year, Mega Mall development goals focus on strengthening and maintaining this positive trend, based on the improvements in the entertainment area.
Mega Mall is the largest project developed by NEPI in Romania, following investment of EUR 165 million. Mega Mall hosts more than 200 retailers among which Bershka, C&A, H&M, Kotton Mango, Marks & Spencer, New Yorker, Orsay, Tommy Hilfiger or Zara.