A1, Oftringen, Switzerland. Image: Swiss Prime Site Immobilien AG
Ticker

DIY chain Bauhaus opens at A1 retail park, Oftringen, Switzerland

Swiss Prime Site Immobilien AG decided to transform the regional shopping centre A1 in Oftringen into an attractive retail park at the end of 2018. The centre, which was previously used by small-scale general goods retailers, was to be converted into a spacious, modern meeting point to appeal to do it yourself (DIY) customers in particular.

After a construction phase of just over 18 months, the well-known DIY chain Bauhaus, which operates stores throughout Europe, was the last and largest anchor tenant to move into its premises on the site. It opened its new 16 000 sq m store in Oftringen on Saturday, September 26, 2020. Along with Bauhaus, the tenant mix includes Aldi Suisse, Media Markt, mobilezone, Gidor Coiffeur and a bistro, offering local residents a wide range of products and services in one location.

Peter Lehmann, CEO of Swiss Prime Site Immobilien, commented: «With the opening of the new Bauhaus branch, we have successfully completed the repositioning of the site and at the same time created a new urban meeting place for the region.»

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.