Argo Real Estate Opportunities Fund has opened the first phase of Riviera Shopping City in Odessa, Ukraine. Riviera is a retail and entertainment shopping centre with a total leasable area of about 65,000 m[sup]2[/sup].
Argo Real Estate Opportunities Fund has opened the first phase of Riviera Shopping City in Odessa, Ukraine. Riviera is a retail and entertainment shopping centre with a total leasable area of about 65,000 m2.
The first phase which opened last week comprises 80 stores and 50,000 m2 of leasable area. The phase features anchor tenants Real Hypermarket, OBI DIY, Zara, Comfy Electronics and Eurasia Furniture Superstore. Other tenants include Pull and Bear, Bershka and Stradivarius and Mango.
In addition, Riviera has an extensive food court offering a wide range of destination restaurants, cafes and fast food outlets.
Phase Two of the development, comprising some 15,000 m2 of leisure, family entertainment and retail will be completed at the end of 2009 and will turn Riviera into the country's largest shopping and entertainment complex when it opens in the first quarter of 2010.
