Petersburg department store "Passage", one of the most popular complexes in the city, will be re-conceived. To increase its efficiency, the lease area will be expanded by 10% and measures will be taken to increase customer traffic. After the completed work, the management company Jensen Group will sell the Passage at a bargain price to another owner. The volume of investments will be $ 25 million. According to the management of "Passage", the department store will not stop operating during the reconception, which, by the way, will last until the second quarter of 2014.
Recall that the Jensen Group has owned a department store in St. Petersburg since 2011.