In an interview with PropertyEU, co-CEO Spiro Noussis reveals how the Isle of Man company with South African backing has become the leading shopping centre owner and developer in Central and Eastern Europe.
CEO Spiro Noussis said the centre, which had current net operating income of €8.8m an annum, served some of the country’s most affluent shoppers. "There is a larger shopping centre in the city. However, we believe that we have bought the one which appeals to the more affluent customer base with its modern design and strong tenant mix," said Noussis.