Vitantis will see computer and electronics retailer Flanco open a store, furniture retailer JYSK will open one, too, on a 1,250 square meter area, and will also have a cinema operated by Happy Cinema, with three auditoria (two standard and one VIP). The entrepreneur is also in talks with KFC for a restaurant.
“It will be two years since the acquisition of Vitantis in February, and we hope to reach 100% occupancy rate by then. We got it with a foot traffic of 3,000 to 3,500 people and are now at more than 30,000 per day. We saw KFC usually going to cities of 30,000 people, as many as our daily traffic,” Omer Susli says.
“Vitantis is the retail project I’ve invested the most in so far. It sits on an 80,000 square meter plot and has a gross lettable area of 50,000 square meters. If we look at the stores’ monthly sales, we can see there isn’t a single one of them without growth of 10% to 15% per month. We put together a suitable mix.”
Susli bought Vitantis Shopping Center in Bucharest from Revetas Capital Advisers in 2022, via Praktiker Real Estate Romania.
Omer Susli owns several other retail projects in Romania besides Vitantis Shopping Center and plans to continue expansion.
(English version by Loredana Fratila-Cristescu)