S IMMO gains H&M as a tenant also at Serdika Center

Corporate news

The Swedish fashion chain moves into the second large shopping centre.


S IMMO AG has gained another very renowned tenant at its Serdika Center shopping centre in Sofia: After opening a shop at Bucharest’s Sun Plaza, the largest shopping centre in Romania, in November 2011, the Swedish fashion chain H&M has now also signed a lease at Serdika Center.

In the spring of 2012, H&M will move into a shop with a total of 2,500 m² of floor space, making it another anchor tenant at the shopping centre. Friedrich Wachernig, Member of the S IMMO Management Board, commented on this success in letting: “We are very proud to welcome H&M to our second large centre. Not only have we gained another renowned tenant. We have also increased the attractiveness of the shopping centre and strengthened its position as the fashion centre in the Bulgarian capital. We look forward to seeing large crowds.”

As the largest and most modern shopping centre in Bulgaria, Serdika Center opened to great success in the spring of 2010 and is the Group’s largest development project. ECE Projektmanagement, Europe’s market leader in the construction of inner-city shopping centres, is the project partner. The building has 51,000 m² of lettable shopping space and has been nearly fully let since opening.