Rieker
Tenants return to Torgovy Kvartal
16.09.2011 1862

Tenants return to Torgovy Kvartal

The conflict that broke out between the Torgovy Kvartal company and the Retail Development Association (RTDA) regarding the lease of space in a shopping center in Kaluga ended in a settlement agreement. 14 fashion brands remain on the property.
 
“In the process of changing the owner at the facility, we were offered new working conditions, including the financial conditions under the previously concluded agreement,” commented Evgeny Bogdanov, RTDA Development Director. “At that time, the proposed conditions seemed unacceptable to us: the internal regulations in the shopping and entertainment center were changing, the rental rate was sharply increasing - all this put the business at risk.”

However, in the process of operational negotiations, the Retail Development Association (RTDA) found a sufficient number of arguments to reach a compromise with Torgovy Kvartal and hold the franchisee: “When considering new commercial conditions, the operator proceeded from the existing realities in the shopping center, which today are far from ideal, to which we strive for, ”explained Vladimir Akhapkin, Development Director of Torgovy Kvartal.
 
Recall that the developer of the Torgovy Kvartal object is currently working on the concept of the object. As a result, a modern shopping and entertainment complex “Torgoviy Kvartal” will appear on the site of the district shopping center with an area of ​​43 thousand square meters, the area of ​​which will be 88 thousand square meters. The new complex will include a shopping area, a cinema, a family leisure complex, a sports hypermarket and car dealerships.

“For a peaceful resolution of the issue, it was enough to sit down at the negotiating table and consider the concept of the development of the shopping center in the future, taking into account the growth in the volume of space, the number of operators represented, the flow of visitors and the projected growth in turnover,” Vladimir Akhapkin explained. “This approach has clearly demonstrated the economic feasibility of the work of certain operators in a shopping center, as well as the validity of changing rental conditions.”
 
According to Mr. Bogdanov, the tenants were convinced that Torgovy Kvartal would really turn the depressed facility into a world-class shopping center, and therefore decided to stay in the center on the newly agreed compromise conditions: “We hope that the developer will breathe new life into the object, which will allow the center to take a leading position in the city. "

The conflict that broke out between the Torgovy Kvartal company and the Retail Development Association (RTDA) regarding the lease of space in a shopping center in Kaluga ended ...
5
1
Rating
Midinblu

Latest News

Crocs has released a collaboration with French musician Vladimir Koshmar

Images of a mask-skull, a heart and an inscription with the name of the artist became the distinctive design elements of the new clogs, published in the collaboration between Crocs and French musician Vladimir Koshmar.
21.01.2021 183

Nike sues nearly 600 US sneaker sites

American sports giant Nike has sued 589 websites for allegedly selling fake versions of Nike and Converse shoes online.
21.01.2021 254

Revenue of Detsky Mir Group in 2020 increased by 11%

At the end of 2020, the consolidated revenue of Detsky Mir Group amounted to 142,9 billion rubles, an increase of 11%. In the 4th quarter of 2020, the group's consolidated revenue increased by 14,4% compared to the same ...
21.01.2021 171

Adidas Reveals Ultraboost 21 Running Shoes

The updated silhouette of the adidas Ultraboost 21 running shoe features increased cushioning. LEP (Linear Energy Push) technology integrated into the outsole provides 15% more stability in the forefoot and midfoot, - ...
21.01.2021 209

Christian Louboutin announces orange as the "new black"

In defiance of the Pantone Color Institute, which announced the combination of gray and yellow as the main colors of 2021, the French luxury shoe brand Christian Louboutin made a statement and called orange the "new black". The brand started this ...
20.01.2021 358
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning