30 million EUR will be invested in modernization of the Promenaden mall

30 million EUR will be invested in modernization of the Promenaden mall
30 million EUR will be invested in modernization of the Promenaden mall
  25July

Renovation of numerous European commercial facilities, functioning of which lasts more than 5
years, continues. The Promenaden mall is among them. It is located near the Leipzig Central Station. According to the across-magazine, the DWS fund and the company ECE / Otto who are owners of the facility, have in plan to invest 30 million EUR for modernization of the shopping centre in the next two years.
The Promenaden shopping centre is located in the Leipzig Central Station area and has
undeniable competitive advantages such as unique location and high attendance of about 70,000 people a day. The reconstruction of Promenaden includes creation of modern conveniences and innovative concept of the mall. In particular, it is planned to significantly increase the number of public catering establishments, including premium restaurants. Apart from change of tenants list, the reconstruction will also affect architecture and design of the building. Significant amount of funds will be invested in renovation of floors and ceilings, modernization of the air conditioning system, lighting and security systems and new signboards of rest rooms.

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"Reconstruction of the Promenaden mall is a logical step, since the so-called intermodal
shopping centres located at the crossroads of transport hubs with high passenger traffic have a high investment attractiveness. The genesis of such commercial property format in Ukraine has been occurring already, as seven intermodal shopping centres will appear in Kiev within the next few years, said the UTG director," Evgeniya Loktionova.

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