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Tenants to stay longer in CPI-owned properties

CH Ogrody w Elblągu

CPI Property Group owns eight commercial properties in Poland: Ogrody shopping center in Elbląg, Orkana shopping center in Lublin, as well as Hop Stop and City Market retail park chains. The group started the second year-half with a commercial success – key tenants decided to extend their lease agreements.

Good relations with the tenants are one of our priorities. In our shopping centers we provide the brands with marketing and communications support, for instance by holding events with their participation, sales promoting actions, and by promoting their offers on social network profiles and websites of our shopping centers. This is the key to success in building positive relations with Tenants – says Edyta Bobek, CPI Property Group's Leasing Director.

At the Ogrody shopping center in Elbląg, lease agreements with brand very popular in the city have been extended for several more years. The shopping center will retain CCC and Deichmann shoe and accessories stores, H&M and Big Star stores, Rossmann health and beauty store, Smyk with children’s toys, clothing and accessories products, as well as McDonald's and Subway restaurants which are bound become even more popular with the customers following the expansion and upgrade of the food court at the Ogrody shopping center which are currently under way. The lease area covered by the extended lease agreements reached 12% of total commercial  area.

Just this year, three brands joined the group of our tenants: in the first year-half, it was the popular café chain So! Coffee, Smoke Shop – a tobacco goods and accessories store opened during the summer holidays, and the back to school time coincided with opening of 5.10.15, a children's clothing store.

At the Orkana shopping center in Lublin, the tenants extending their agreements occupy nearly 1,100 sq m. They include brands very well known on the Polish market: Sowa patisserie, InMedio, W.Kruk jewelers, Wólczanka, Factory Outlet sports store, Coccodrillo, Reporter Young.

Of retail parks owned by CPI Property Group, Media Expert stores extended their lease agreements in the City Market retail parks in Zamość and Tarnów for another few years. The lease area covered by the extended lease agreements is 1,331 sq m.

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