REDEVCO reopens two units as part of the redevelopment of Shoppi Tivoli (CH)
Thursday 4 November 2010
REDEVCO Switzerland, co-owner of the center, reopened two units at Shoppi Tivoli last Thursday, October 28. The shopping center is located in Spreitenbach (Aargau) and offers 78,000 m² of retail area spread over more than 150 stores and has around 4,300 m² of parking. Shoppi Tivoli SC is the largest shopping center in Switzerland.
The redevelopment has taken 10 years in all, from planning to completion. Over this period, Redevco, co-owner of Switzerland’s largest shopping center, invested more than CHF 12 million (approx. €8.7 mln.) in the makeover project. The center consists of Shoppi and Centermall (both owned by Credit Suisse Fund) and Tivoli (Condominium, Redevco share 6.5%).
The selling area of the Redevco unit has been completely redeveloped and extended by more than 700 m². The unit now offers approximately 4,700 m² and is fully let to fashion retailer C&A and shoe seller Dosenbach-Ochsner. The Dosenbach-Ochsner store consists of 370 m² and is leased on a seven-year agreement. The C&A store provides 4,360 m² of retail space on a 10-year lease agreement. This new store marks the opening of C&A’s largest store in Switzerland.