Castorama’s first 12 months of trading has established it as one of the chain’s top performing stores in France. Occupancy cost ratios in the retail park average 4% and feedback from the national retailers is positive.
A Lidl supermarket will replace two independent furniture retailers in autumn 2009. The arrival of a strong discount food anchor is expected to greatly assist mid-week trade by bringing a regular flow of customers to complement the busy weekends.
Visit the Les Allées de Cormeilles website at www.alleesdecormeilles.com
2008/2009 Overview and Performance
Total Lettable Area
20,294m²
Rental Income
(€ million)
(€ million)
2.27
ECP Ownership
20,294m²
Rental Growth
4.00%
Value (€ million)
36.30
Major Tenants
Castorama, Kiabi, Besson, Casa
