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

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.

About the P&P Group:
The P&P Group has been developing, revitalising and marketing residential construction projects and commercial properties for almost 30 years. With a total transaction volume of more than 3.3 billion euros and currently around 130 employees, P&P covers all areas of the value chain as an initiator, investor and asset manager. Its core competencies include the development of new buildings as well as the revitalisation and modernisation of old buildings worthy of preservation.

Press contact:
Manuel Fogadic
Isaak-Loewi-Straße 124
90763 Fürth
Tel.: +49 (0)911 – 76606145
Mail: m.fogadic@pp-group.com

Wolfgang Ludwig
Mathias-Brüggen-Straße 124
50829 Köln
Te.: +49 (0)221 – 292 19 282
Mail: mail@ludwig-km.de