The company will be responsible for managing Prishtina Mall, the largest shopping centre in Southeastern Europe, which is scheduled to open today.
With a GLA of 115,000sq m, Prishtina Mall is positioned as a regional centre intended to serve the surrounding area of the Balkans.
Sonae Sierra began collaborating with Prishtina Mall through consulting services in the areas of leasing and operations in March 2022 and shortly after, took over complete management of the project. Together with the local team, Sonae Sierra completed 100 leasing contracts in just eight months, allowing Prishtina Mall to open with an occupancy rate of 81 per cent.
Cristina Santos, Executive Director of Property Management at Sonae Sierra, said: “Sonae Sierra’s intervention in Prishtina Mall is a success story, due to the size and speed of the results achieved for this asset. In March, we were hired to consult on one of Europe’s largest shopping centres and our partner quickly realised the added value of deeper collaboration. This commitment proves Sonae Sierra’s pledge to create value in our customers’ assets, through its specialised teams, as well as through the growing number of brands that equally rely on our know-how in international management.”
