Cushman & Wakefield has secured a premium retail space for OYSHO on the exclusive Fashion Street in Budapest on behalf of the developer Immobilia Plc. This is second store for Oysho in Budapest, which entered the country in 2007, and will open in May 2014 comprising 400 sqm on two floors. OYSHO, part of the Spanish Inditex Group, offers women’s fashion and accessories.
“Recently the success of Fashion Street is unimpeachable. The fact that two brands of the famous Inditex Group will be represented here proves the increasing need for high street shopping and first class brands in the downtown area,” said Viktória Szabó Partner, Head of Retail at Cushman & Wakefield Budapest.
László Balázs, CEO at Immobilia Plc. said “We are confident that the recently executed brand refresh and new marketing strategy followed by Fashion Street also supplemented by innovative marketing and promotional elements will soon earn interest and will further increase the reputation of the location, the number of visitors and will attract new brands.”
