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In Germany P&P Group leases a space in the FLAiR Fürth Shopping Centre to the non-food discounter TEDi – Expansion of product variety and improved attractiveness

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In Germany P&P Group leases a space in the FLAiR Fürth Shopping Centre to the non-food discounter TEDi – Expansion of product variety and improved attractiveness

Issuer: P&P Group / Key word(s): Real Estate/Contract
In Germany P&P Group leases a space in the FLAiR Fürth Shopping Centre to the non-food discounter TEDi – Expansion of product variety and improved attractiveness

13.09.2024 / 07:36 CET/CEST
The issuer is solely responsible for the content of this announcement.

Fürth (Germany), 13.09.2024 – In Germany, the property developer and operator P&P Group is letting a further space in the FLAIR shopping centre in the Bavarian city of Fürth.
Europe’s leading non-food discounter TEDi will offer its product range on the first ground floor on more than 600 square metres. ‘We are very pleased with this location decision by TEDi. It
fits perfectly into the FLAiR, will further expand the variety of products on offer and increase the attractiveness of the property,’ says Velimir Filipović, General Manager of the FLAiR.
For TEDi, the new shop is an important milestone in the development of the regional location. The FLAiR Fürth reflects TEDi’s requirements profile in many respects and shows that retail
centres can be very successful with the right portfolio. In connection with the new rental agreement, TEDi has announced that it will continue to systematically expand its store network in
Central Franconia. The aim is to open the shop in FLAiR Fürth before the end of this year. FLAiR offers a total of around 60 retail outlets and a wide range of catering outlets. On average,
more than 10,000 visitors come to the experience centre every day, and 3.3 million a year.

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