Business news from Ukraine

FIRST FLOOR OF CHERRY MALL IN VYSHNEVE TO BE LAUNCHED IN SEPTEMBER

The opening of all tenants of the first flow of Cherry Mall in Vyshneve, Kyiv-Sviatoshynsky district of Kyiv region, is scheduled for late September 2019. “By the end of September, all stores and outlets located on 3,400 square meters of the first floor will open in the new Cherry Mall with a total area of 18,000 square meters,” Project Manager, partner of UTG (an exclusive agent for renting out retail space in the Cherry Mall) Artem Neposedov said.

According to him, in particular, the first floor of the Cherry Mall includes Allo, Master Zoo, Farmacia, Italia del Gusto, Aurum, lifecell, D&P, Beer market, Coffee Beans, Hazelnut Chest shops and others.

In addition, in the Quarter of Gifts with an area of 240 square meters, Snuffbox, Mobi bug, Express manicure, operators of accessories and leather goods will begin working.

The shopping center has five levels, the total area is 18,000 square meters, lettable area is 15,000 square meters. At the same time, the occupancy of the shopping center as of September 12 is 90%.

As reported, in August 2019, Fozzy Group, the commercial and industrial group opened a new Fora supermarket with an area of 1,500 square meters in the Cherry Mall, expanding the food retail network to 244 stores.

According to company estimates, attendance at Cherry Mall in the first year will be about 15,000-18,000 people a day with the prospect of further growth to 20,000 people.

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FORA OPENS CHAIN’S LARGEST STORE IN CHERRY MALL TRADE CENTER IN VYSHNEVE

Fozzy Group has opened a new supermarket Fora with an area of 1,500 square meters in the Cherry Mall trade and entertainment center (Vyshneve, Kyiv-Sviatoshynsky district of Kyiv region), expanding the network to 244 objects.
“One of the main anchor tenants, the modern Fora supermarket, has opened in the new Cherry Mall trade center. The operator is located on the ground floor of the shopping center on an area of about 1,500 square meters,” the press service of UTG, the exclusive agent for leasing retail space in Cherry Mall, said.
The assortment of the store includes 5,000 commodity items. In addition to six self-service cash desks, it has five regular cash desks and two express cash desks.
The retailer’s press service told the Interfax-Ukraine agency, the outlet is the largest one in the Fora chain. It became the 244th network object in Ukraine and the 221st one in Kyiv region.
According to UTG, the mall is completing internal repairs on leased space and is preparing for the grand opening of the mall. The total area of Cherry Mall will be 18,000 square meters, rental some 15,000 square meters, while 90% of the space has already been leased.
According to the company’s estimates, attendance at Cherry Mall in the first year will be about 15,000-18,000 people a day with the prospect of further growth to 20,000 people.

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