Sonae Sierra signs leasing service agreement with Pradera in Greece (GR/PT)

Sonae Sierra, the shopping center specialist, has just closed a leasing services agreement with Pradera for Village shopping & more…, a shopping center which opened in December 1999 in Attica and was renovated in November 2008.


VILLAGE shopping & more... comprises 19,000 m² GLA.

Through this contract, Sonae Sierra will provide leasing services to the property that comprises 19,000 m² of GLA and includes retail, restaurants and a 20-screen multiplex within three levels.

Some of the main brands already present in VILLAGE shopping & more… are Village Cinemas, Gant, Folli Follie, Lacoste, Converse, Replay, Carpisa, Tally Weijl, Timberland/Nautica, Goody's, and Flocafé to which Sonae Sierra will bring along new tenants to serve the catchment area of 1.6 million people around the shopping center, situated on the western peripheral area of Athens, in the area of Agios Ioannis Rentis, about 6 km from the city center.

"We are certain that we can bring added value to VILLAGE shopping & more… by improving the tenant mix and creating an increasingly attractive destination for visitors to fulfill their shopping, service and leisure needs. This agreement proves our endeavor as a knowledge provider to third parties with more than 20 years experience in the development and management of shopping centers, out of which 11 in Greece." says Fernando Guedes Oliveira, Sonae Sierra CEO.

"We have every confidence in Sonae Sierra that they can provide high quality services and deliver fast and solid results, during a challenging time for the Greek retail market. We look forward to this cooperation," says Peter Kotsikis, Pradera Head of Greece.

Source: Sonae Sierra

Related News