Park Center Ljubljana

Park Center Ljubljana is a dominant retail development in the capital of Slovenia, Ljubljana. The shopping area has excellent accessibility with direct access to the ring road and a 6-minute drive from the city center. An active, tenant-focused asset management strategy has resulted in a fully-let shopping centre.

Park Center Ljubljana offers a harmonious mix of local and international brands to suit all lifestyles, complemented by a range of restaurants and other amenities. Visitors can choose from a variety of well-known brands such as OBI, dm, Big Bang, SportsDirect, JYSK, a refurbished MOL fuel station, the busiest McDonald’s outlet in Slovenia, and many more. In addition to a wide range of products and services under one roof, the Park’s unique selling point is undoubtedly its parking facility, which allows shoppers to park right outside the store for a hassle-free shopping experience.

Revetas has made significant investments in tenant improvements and marketing to fill vacancies,  extend existing international anchor leases, and consolidate the market position of the property. As a result, rental income has improved, non-recoverable costs have been reduced, cost savings have been implemented and the quality of leases has been improved through an active asset management strategy.

The management team has been effective in supporting tenants through the difficulties of the pandemic, resulting in significant lease extensions and exceptionally long WAULTs. The car park has been refurbished, giving the center a more modern and tidy appearance, and the roof has undergone extensive repairs. Collaborating with tenants, the management team has improved click & collect / online sales initiatives and engaged in comprehensive online communication via social media.