Grand Mall in Varna reaches occupancy of 60%

Grand Mall is currently being developed at Vladislav Varnenchik blvd, Varna. Аccording to the exclusive leasing consultants, Colliers International in Bulgaria, the occupancy has already reached 60%.One of the last agreements has been signed with the Inditex Group, one of the largest fashion distributors worldwide, which will bring to Grand Mall its Zara, Bershka, Pull and Bear and Stradivarius brands.Besides Zara, the shopping mall will be anchored by a Carrefour hypermarket, Technomarket (consumer electronics), Arena Cinema and Mango. Calliope, Oviesse, Playlife, Terranova, Intersport, Guess, Humanic, Orange and Douglas (health and beauty) are also among the prominent tenants in Grand Mall.Grand Mall is located on one of the busiest boulevards in Varna, Vladislav Varnenchik blvd, with excellent access and visibility, and in close proximity to the downtown.The mall has a gross leasable area (GLA) of 52,000 m2 and more than 1,700 parking spaces. Grand Mall is developed by Orchid Developments Group Ltd and is expected to open in the first half of 2010.