The company’s retail network comprises 166 stores, the majority of which are company-owned.

The development will include 158 serviced apartments.

The project has an estimated budget of €16.7 million, with a construction period set at 670 days.

According to a Cushman & Wakefield Echinox study, demand remains strong, with companies leasing approximately 1.4 million square meters between 2024 and the first half of 2025.

The property is located in the Delaware Urban Redevelopment area in Philadelphia, USA, and was originally built in the early 1900s.

The company carried out a €2.5 million renovation of the warehouse.

The second phase of the project will last seven years and involve an investment of €4.3 billion.