Visitor numbers and sales
The estimated footfall for 2009 was 17.5 million. This figure includes Adacenter, 365, Teras Park and Tekira. Total footfall was 9.5 million in 2008 in Adacenter, 365 and Teras Park. However, 365 joined the portfolio in June 2008. On a like-for-like basis, 2009 footfall rose 4% compared with 2008. The breakdown per centre shows strong performances in Adacenter, up 11%; a strong performance in 365, up 19% when comparing the second half of 2008 and 2009, and a weaker performance in Teras Park, down 7%. Adacenter and 365 have completed their first operational years and are now considered established. The decline in Teras Park reflects the revitalization process and the construction works.
Total turnover achieved by tenants in Adacenter, Tekira, 365 and Teras Park increased 9%, comparing 2009 with 2008. Each of the four shopping centres achieved a similar level of turnover. In turnover per square metres, Teras Park was below average. As with the decline in footfall, this can be explained by the revitalisation of the shopping centre.
The occupancy cost average for Adacenter excluding Carrefour was 13% in 2009, and for 365 it averaged 16%.
Source: Annual Report 2009, Chapter Review of Operations, page 68 (PDF, 6.362 kB)
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