The OLDI shopping center in Zhytomyr continues accepting tenants. Nine new stores opened in the mall, including home appliances and electronics chain Eldorado and the Danish JYSK furniture retailer.
The consulting company Retail & Development Advisor’s (RDA) press service, which acts as OLDI’s exclusive broker, reported this fact.
Eldorado and JYSK took place on the second floor of the complex, taking over 700 sq. m and 1,280 sq. m, respectively. Cubi and My Play children’s stores also started operating on the second floor. The first one has 450 sq. m of space floor, becoming the fourth store of Cubi network in Zhytomyr. The My Play children’s store has 274 sq. m of area. It is the first shop in the city and the 15th in the Ukrainian network.
Besides, the mobile operators Vodafone (40 sq. m), Kyivstar (30 sq. m), and the jewelry supermarket of Ukrgold network (52 sq. m) have opened in the first Zhytomyr designer supermarket’s cash register area. Two more shops with the essential goods were opened here, meaning Master Zoo (70 sq. m), the largest pet shop chain in Ukraine, and сraft pub store Beerville (30 sq.m).
With the opening of new shops of the leading trade operators of Ukraine, The OLDI shopping center gradually achieves the intended key performance indicators thanks to new operators. Now the mall’s occupancy rate has reached 80%. In January 2021, we plan to strengthen thr mall’s tenant-mix with other famous brands, including the drogerie-segment’s leader Eva, Estetic beauty supply, Tabakerka tobacco shop, and others. In this way, in early 2021, we plan to increase the mall’s vacancy up to the technical performance,” Taisia Lytovchenki, CEO of RDA, comments.
Let’s remind, Zhytomyr OLDI shopping center with a total area of 20,000 sq. m started its work on October 31, 2020, in Myhail Grushevsky Street, 5. The construction hypermarket OLDI (9,000 sq. m) and grocery supermarket Silpo (3,000 sq. m) became its anchor tenants. This store became the city’s first designer shopping facility for the Silpo network and was designed in the style of a Candy Shop.
As Oleg Dolgozviag, co-owner of OLDI, stated in the commentary to RAU, the company plans to develop the network, considering options for the shopping centers’ construction in other regions of the country. “We believe that the niche of small family malls is very prospective, and this format will become popular in Ukraine. Now, we study possibilities for projects up to 25,000 sq. m,” the businessman emphasized.
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