IMMOFINANZ has expanded its STOP SHOP development in Veszprem, adding 2,100 sqm of rentable space. Construction works were recently finished and the opening of the new part of the retail park took place today, attended by the Mayor of Veszprem, Mr. Gyula Porga, and representatives of IMMOFINANZ. This addition gives the retail park, which was opened in 2005, approx. 17,800 sqm of rentable space in total.
“Following the expansion of the STOP SHOP park in Gödöllö a year ago, this is IMMOFINANZ’s second own STOP SHOP development project in Hungary. Our decision in favour of the extension was based on the location’s excellent performance, high customer frequency and tenant interest”, said Dietmar Reindl, COO IMMOFINANZ.
The new space, comprising four units, is fully rented: Deichmann, KIK and Pepco opened their shops today and Hervis will follow soon. The existing areas are fully rented to well-known tenants that include Spar, C&A, New Yorker and Intersport.
This STOP SHOP park is located in the southern district of Veszprem and has a catchment area of roughly 85,000 residents. By extending the STOP SHOP development, 100 parking spaces have been added, bringing the total to 640. The parking lot has been directly connected to the parking areas of the neighbouring ALDI supermarket, to allow customers to move easily between the individual shops.
STOP SHOP is IMMOFINANZ’s umbrella brand for retail parks in Central Europe and is on a steady growth course. The brand‘s flexible concept is based on regional shopping centers at central locations with catchment areas of 30,000 to 150,000 residents. The rentable space ranges from 2,500 sqm up to 15,000 sqm and offers visitors sufficient parking, optimal transport connections and high functionality through an attractive mix of international and national tenants. The STOP SHOP portfolio currently includes 53 retail parks in seven countries (Czech Republic, Slovakia, Poland, Slovenia, Hungary, Austria and Serbia).
Further information can be found under Stop Shop