The Togliatti Madagascar will adjust the composition of tenants
26.07.2011 4272

The Togliatti Madagascar will adjust the composition of tenants

Torgovy Kvartal won the tender for the management of the Madagascar shopping and entertainment center in Tolyatti. The duration of the management contract is 5 years. The mall with a total area of ​​22 thousand square meters is located in the center of Togliatti, its anchor tenants are the Snezhnaya Koroleva, Rive Gauche, Polaris, McDonald's stores, the Crazy Park children's play area, etc.

According to experts of the Torgovy Kvartal real estate management department, the primary task will be to increase the profitability of the property. It can be solved by adjusting the composition of tenants, as well as by increasing the share of non-rental income.

The crisis period significantly affected the profitability of the facility and its position in the market, however, the experts of Torgoviy Kvartal developed a plan for the operational management of the facility, which will allow to level out earlier mistakes.

According to Mikhail Kirsanov, Chairman of the Board of Directors of Torgovy Kvartal Group of Companies, Torgovy Kvartal will also use the practice of calculating the rental rate through interest from turnover at this facility. “This motivates the management company to work in tandem with retailers to attract the largest number of buyers to the shopping center,” commented Mikhail Kirsanov.

Torgovy Kvartal is a Russian development company that has been operating in the commercial real estate market for over 10 years and implements projects of shopping, entertainment and multifunctional centers under its own brand.

Torgovy Kvartal won the tender for the management of the Madagascar shopping and entertainment center in ...
5
1
Rating

Latest News

Post Archive Faction was a great success at Pitti Uomo in Milan

Yesterday, the South Korean brand Post Archive Faction (PAF) showed at the Milan men's fashion fair. "It's not a star being born yet, but it's certainly the biggest success of all the shows this week at Pitti Uomo," writes Fashion…
20.06.2025 238

Tod's Releases Volume 2 of Italian Hands – Artisanal Stories From Italy

Tod's Group has published the second volume of the book "Italian Hands – Artisanal Stories From Italy".
19.06.2025 304

EKONIKA opens fifth flagship store in new design concept

The fifth updated EKONIKA flagship opened today in the capital in the Aviapark shopping center. The store's retail space is 143,5 sq. m. And the brand's signature design, which was first introduced by the company last year and has already managed to…
18.06.2025 324

Detsky Mir has added capsules of summer accessories to its own brand collections

Detsky Mir continues to develop its own brands Futurino and Wapoo. The brands' summer collections include clothing and footwear, including bright plastic clogs with decorative jibbits. In addition to them, there are also cassoulet collections...
18.06.2025 360

Bob Marley's Family Collaborates With Shoe Brand Chaco

Sandals that reflect the spirit of Bob Marley's creativity were released in collaboration with the Bob Marley family and the American brand Chaco.
18.06.2025 296
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning