Cotroceni Park Mall in Bucharest, controlled by Israelibillionaire Lev Leviev, became a cash magnet for Bucharestinhabitants in 2010, its first full year in business, with tenantsof the shopping centre recording business volumes of around 450,000euros per day.
Overall, the 300 million-euro mall sold 164 million euros' worth ofproducts and services, over 0.8% of Romania's fast moving consumergoods market, estimated at around 20 billion euros a year. This wasachieved thanks to the large number of visitors received by themost expensive mall built in Romania, 50,000 people on weekdays andbetween 70,000 and 80,000 on Saturdays and Sundays.
"Surprisingly for us, July and August, when people are on holiday,fared above the 2010 average, and December was the best month, whenwe reached 22 million-euro sales after we managed to persuadetenants to keep the stores open throughout the holiday period,including on December 25th," said Israel Vizel, general manager ofCotroceni Park.
According to information provided by the company, the spendingbudget amounted to an average of 8 euros per visitor, below theaverage of malls in more developed countries, with Germany mallsboasting average sales of 30 euros per visitor.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
