Credit: Citycon
Ticker

Iso Omena strengthens its position as number one shopping center in Espoo (Finland)

The supply of grocery stores at Iso Omena will continue to be strong in the coming years, as Kesko and HOK-Elanto have entered into long-term extension agreements with Iso Omena. Iso Omena’s comprehensive grocery offering was also reflected in last year’s result, as Iso Omena became the largest shopping centre in Espoo and the second largest in the whole country in terms of sales.

The grocery store offering at Iso Omena continues to be excellent, with the shopping centre including stores of all the largest grocery trade operators in Finland: K-Citymarket, Lidl and Prisma. In addition, the shopping centre houses a compact K-Market store and an Alko store. The grocery trade accounts for almost a third, or 27 per cent, of Iso Omena’s gross leasable area of more than 100,000 square metres.

“The lease agreements now signed with HOK-Elanto and Kesko strengthen Iso Omena’s position as the number one shopping centre in Espoo and prove that our strategy of focusing on grocery-anchored centres is solid – even in exceptional circumstances. Thanks to the strong grocery trade, Iso Omena performed better than average during the pandemic and rose to second place in the country last year in terms of sales,” says Jussi Vyyryläinen, Vice President, Leasing at Citycon.

K-Citymarket and Prisma (Maxi-Market in 2001–2004) have been operating in the Iso Omena shopping centre since its establishment in 2001. In addition to the strong grocery store offering, Iso Omena has a total of more than 220 stores, more than 50 restaurants and cafés, as well as a diverse selection of commercial and public services, such as a service point of the City of Espoo, a health centre and a public library.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

PropTech solution enables easier and faster sales reporting across retail real estate sector

Retail property owners and managers across Europe are removing friction from the process of collecting tenants’ turnover data by using Chainels, the tenant experience app.

Placewise Wins ​​PropTech Breakthrough “Commercial Property Management Platform of the Year”

The annual awards program recognizes innovation in the global real estate technology industry. The company wins the awards for second year in a row with Tenant Connect.

FOCUS with new tenant – Ukrainian start-up Bafood set to open another restaurant in Warsaw

Bafood, a Ukrainian delivery-first restaurant concept, has joined the list of tenants of the FOCUS building in Warsaw. JLL Poland, a leader in the country’s real estate consulting sector, assisted in the leasing side in the transaction.

CHARLES TYRWHITT UNVEILS FIRST OF ITS KIND STORE AT CENTRE:MK

British menswear brand, Charles Tyrwhitt, has officially unveiled the first of its new store design at centre:mk, one of the top 10 retail destinations in the UK.

ANCHOR BRAND SUPERDRY OPENS AT ICON OUTLET AT THE O2 AS THE DESTINATION CONTINUES TO OUTPERFORM

Icon Outlet at The O2, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The opening coincides with a record-breaking summer trading period across The O2’s Entertainment District and Icon Outlet.

VIA Outlets Appoints Thierry Seang as Investment Director

VIA Outlets, the industry-leading owner-operator in redefining the outlet shopping experience across 11 premium outlets in Europe, announces the appointment of Thierry Seang as Investment Director.