In a number of months – probably till this yr’s Christmas – a brand new Zara flagship retailer will reduce the opening “ribbon” within the Greek market.
A bit of larger and barely totally different from the 5,000 sq.m. retailer. which opened a number of days in the past within the emblematic Tower of Piraeus, the brand new giga Zara shall be hosted within the reborn Mignon.
The related lease settlement between Dimand, the proprietor of the legendary division retailer, and ITX Hellas, the Greek subsidiary of the enormous Inditex, is to be signed within the coming weeks, as some technical particulars are reportedly pending.
Within the new Mignon, which is to be reworked into a contemporary, bioclimatic mixed-use constructing (outlets, places of work and residences) with LEED Gold certification, the business areas occupy a complete of about 6,100 m2, with the brand new Zara having the lion’s share (5,150 sq.m.).
The brand new retailer shall be developed on 4 ranges: basement, floor flooring, 1st and 2nd flooring and in contrast to the Zara flagship retailer in Piraeus Tower, it won’t have a house division.
The brand new “technique” and the proximity to PPC
Along with the business part of the brand new Minion, ITX Hellas will even lease workplace services within the historic constructing, creating its new “technique” there.
It’s recalled that Mignon’s property, with a complete space of 18,580 sq.m., consists of buildings A and BGDE on Patision, Satovriandos, Doros and Veranzerou streets. The workplace area of seven,700 sq.m. they occupy the best flooring of the BGDE buildings of Mignon, from the third to the seventh, whereas in constructing A, on the junction of the pedestrian streets of Satovriandos and Doros, within the second yr the residential mission shall be developed with the creation of 36-37 residences with an space of 65-125 sq. .m., with the record of patrons already reaching 120.
Among the many tenants of the workplace flooring in Mignon, along with ITX Hellas, PPC can also be included. It needs to be famous that PPC additionally leased the renovated, “inexperienced” constructing at Christou Lada 3, headquarters of the Lambrakis Group till 2004.
Enlargement into present markets
The Spaniards, who know the middle of Athens and particularly Omonia very properly, for the reason that group’s headquarters are presently situated at Stadium 59 above the Zara retailer, are reconsidering their presence within the space, nevertheless for now the standing won’t change .
After all, as a part of the brand new “go huge” technique, the Inditex group, whose umbrella consists of the manufacturers Zara, Zara Residence, Massimo Dutti, Pull & Bear, Stradivarius, Oysho and Bershka, will proceed to rationalize the community and particularly the small stores, which can merge or exit of enterprise.
Based on knowledgeable sources near the Greek firm, the intention is to broaden the group’s manufacturers within the present markets both by relocation or by including measures.
At the moment the Spanish group controls a community of 155 shops in Greece, of which 41 Zara and 10 Zara Residence, with our nation being among the many markets with the most effective indicators.
In whole, the Inditex group’s community of shops on the finish of the primary quarter of the present monetary yr consisted of 5,698 factors of sale in 214 markets, foreseeing alternatives to additional broaden its business areas by 5%.
On the finish of the yr, the debut of the brand new Minion
The opening of the brand new Minion, acquired for 25 million euros by the Dimand group on the finish of 2021 following a young performed by the interim administration of Folli Follie, is predicted on the finish of this yr with reconstruction work in full swing .
Minos Digenis, an achieved architect, founding father of the architectural workplace Minos Digenis Arquitectos based mostly in Barcelona, has undertaken the renaissance of Mignon after a world competitors.
SOURCE: ot.gr
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