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SHOPVILLE LE GRU TURIN - ITALY - Corio NV

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<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong><br />

<strong>TURIN</strong> - <strong>ITALY</strong>


MANAGEMENT SUMMARY<br />

CITY PROFI<strong>LE</strong><br />

LOCATION CONTEXT<br />

SITE CONTEXT<br />

CATCHMENT AREA<br />

PROGRAM AND CONCEPT<br />

TENANTS<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 2


MANAGEMENT SUMMARY<br />

A PRIME MULTIFUNCTIONAL SITE, <strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong><br />

•Le Gru is the first regional shopping centre in Italy and<br />

became, along with the city centre, the commercial<br />

heart of the region.<br />

•Located in the Piedmont region, in the Commune of<br />

Grugliasco, 6 km west of the centre of Turin.<br />

•Strategically located 100 metres north of Corso<br />

Allamano (one of the main roads from the west<br />

entrance to Turin) and close to the ring road of Turin<br />

which connects with A21 motorway to Piacenza and<br />

the A4 motorway to Milan and Venice.<br />

•Very good visibility.<br />

•Very good accessibility by car and public transport.<br />

•78,500 m 2 total GLA.<br />

•Super regional shopping centre over 2 floors and a<br />

retail external area that comprises four MSUs and a<br />

Virgin fitness centre.<br />

•Anchors: Apple, Fnac, Mediaworld, Virgin, Cisalfa,<br />

Prenatal, Casaterra, Obi and Carrefour Hypermarket.<br />

•4,700 parking spaces.<br />

•Opened in 1994.<br />

•Concept and design: anchored by the hypermarket<br />

with internal and external medium sized stores and<br />

external area for social, cultural, entertainment<br />

activities.<br />

•First food court in Italy including an innovative concept<br />

for the Italian market which offers both fresh products<br />

sale and restaurant with a food preparation at sight.<br />

•Prime position in the Italian market.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 3


CITY/AREA PROFI<strong>LE</strong><br />

GEOGRAPHY<br />

•Piedmont is one of the largest regions in Italy and<br />

is situated in the north-western part of the country,<br />

between France (to the west), Switzerland and Valle<br />

d’Aosta (to the north), Lombardy (to the east) and<br />

Liguria (to the south).<br />

•Turin is the capital of the Piedmont region and the<br />

most dominant city in the region.<br />

•Turin is surrounded by different motorways and<br />

connected to one of the most important railway routes<br />

in Italy (Turin-Venice).<br />

POPULATION<br />

•Turin: 900,000 inhabitants.<br />

•Province: about 2.3 million inhabitants.<br />

•Piedmont: more than 4 million inhabitants.<br />

ECONOMY<br />

•Economic sectors: trade, service, agriculture, construction.<br />

•Economic development strongly influenced by:<br />

– National and international companies and institutions<br />

such as Fiat and the Technical University;<br />

– The 2006 Olympic games;<br />

– The celebration of the 150th anniversary of the<br />

unification of Italy took place in the city in 2011;<br />

– Post industrial transformation of many buildings that<br />

were re-developed to serve new uses; first, the Lingotto<br />

factory and now the Officine Grandi Riparazioni (site of<br />

a future congress centre and scientific research centre);<br />

– An ambitious city urban renewal project involving the<br />

area in which Le Gru is located.<br />

– Improvements in public transportation.<br />

•Income levels are about 14% above the national average.<br />

•Unemployment is below the national average.<br />

•Highest standard of living in the whole country.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 4


LOCATION CONTEXT<br />

SITUATION<br />

•Part of an outlying industrial area adjacent to the<br />

urban area of Turin.<br />

•Prime retail site situated between Corso Francia and<br />

Corso Allamano, two main streets of Turin.<br />

•A Decathlon store is located nearby on Corso Allamano<br />

and it is one of the top performing in Italy.<br />

ACCESS<br />

•Close to the ring road that connects to the A21 to<br />

Piacenza and the A4 to Milan and Venice.<br />

•Access from Corso Allamano is facilitated by a major<br />

junction with traffic lights at its intersection with Via Crea.<br />

•The main access to the shopping centre car park is<br />

located on Corso Allamano and Via Tirreno.<br />

•There are two further access roads from the north and<br />

the west, both via local connections.<br />

VISIBILITY<br />

•Very good visibility.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 5


SITE CONTEXT<br />

CHARACTERISTICS<br />

•Super regional shopping destination.<br />

•Opened in 1993.<br />

•Total of 78,500 m 2 GLA retail.<br />

•Anchors: Apple, Fnac, Mediaworld, Virgin, Cisalfa,<br />

Prenatal, Casaterra, Obi and Carrefour Hypermarket.<br />

•Grulandia, a 4-floor,professionally managed theme<br />

park for children, is in the heart of the Centre.<br />

•Parking spaces: 4,700<br />

SITE ACCESS<br />

•Public transport access is good because Le Gru is<br />

directly linked to the city centre by five bus routes.<br />

•Parking area entrance and exit are situated on Via<br />

Crea.<br />

VICINITY<br />

•The city centre is located to the east of Le Gru.<br />

•Close to the residential area to the north - east.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 6


CATCHMENT AREA<br />

KEY FACTS<br />

•Total catchment area of almost 1.8 million inhabitants.<br />

PRIMARY CATCHMENT AREA<br />

•The primary catchment of Le Gru is almost 470,000<br />

people and it is one of the most populous in Italy.<br />

SECONDARY CATCHMENT AREA<br />

•The secondary catchment area, the area which can<br />

be reached within 15 to 30 minutes by car or public<br />

transport, has a population of 1.3 million.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 7


PROGRAM AND CONCEPT<br />

FUNDAMENTALS<br />

•Landmark for the city of Turin.<br />

•Large flow of visitors also on working days and all the day.<br />

•Very good access for cars.<br />

•Multifunctional venue for social, cultural and<br />

entertainment activities.<br />

•Authentic places and concepts that help and involve<br />

the local community.<br />

PROGRAMME<br />

•Its substantial and diverse retail and leisure space<br />

positions Le Gru as the prime retail destination in the city.<br />

•78,500 m 2 GLA (<strong>Corio</strong> owns 46,900 m 2 ).<br />

WWW.<strong>LE</strong><strong>GRU</strong>.IT<br />

•180 units: retail, ‘market area’ and other services.<br />

•4,700 parking spaces.<br />

•The summer festival ‘GruVillage’ has become one of<br />

the cultural and entertainment fixtures of the Turin night<br />

life, running from mid June to mid August. Thanks to<br />

its international guests and versatile programmes, the<br />

festival draws an increasing number of visitors every year.<br />

•GruRadio can be heard on air on 93.9 FM in Turin and<br />

throughout the province through online internet<br />

streaming and a free application on iPhone/iPad/iPod.<br />

CONCEPT<br />

•Fully enclosed super regional shopping centre with<br />

external medium sized stores...<br />

•Two shopping levels, with strategically positioned<br />

anchor tenants.<br />

•Three entrances located on the parking area.<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 8


TENANTS<br />

CARREFOUR HYPERMARKET<br />

APP<strong>LE</strong><br />

FNAC<br />

MEDIAWORLD<br />

VIRGIN ACTIVE<br />

CISALFA<br />

PRENATAL<br />

CASATERRA<br />

OBI<br />

FOOTFALL<br />

11,000,000<br />

TENANT DISTRIBUTION<br />

IN M 2<br />

Culture, gifts & Leisure<br />

Fashion<br />

Food & Tobacco<br />

Health & Beauty<br />

Household Equipment/DIY<br />

Reastaurants & Bars<br />

Services<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 9


CORIO N.V.<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E corio@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO NEDERLAND<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E info@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO FRANCE<br />

Tour Exaltis, 61, rue Henri Régnault<br />

92075 Paris La Défense cedex, France<br />

T +33 (0) 1 474 53 000 F +33 (0) 1 474 55 850<br />

E info@fr.corio-eu.com, I www.corio-eu.com<br />

CORIO ITALIA<br />

Via Fabio Filzi 25/a, 20124 Milan, Italy<br />

T +39 026 69 63 49 F +39 026 69 77 11<br />

E info@it.corio-eu.com, I www.corio-eu.com<br />

CORIO ESPAÑA<br />

Paseo de la Castellana 93 5º Planta<br />

28046 Madrid, Spain<br />

T +34 91 426 17 77 F +34 91 435 56 44<br />

E info@es.corio-eu.com, I www.corio-eu.com<br />

CORIO DEUTSCHLAND<br />

Königsstraße 13, 47051 Duisburg, Germany<br />

T +49 203 4196 1500, F +49 203 4196 1501<br />

E info@de.corio-eu.com, I www.corio-eu.com<br />

CORIO TÜRKIYE<br />

KANYON Ofis Blok Büyükdere Cad. No:185 Kat 18<br />

Levent, Istanbul - 34394 TR, Turkey<br />

T +90 212 371 30 00 F +90 212 353 54 42<br />

E info@tr.corio-eu.com, I www.corio-eu.com<br />

<strong>SHOPVIL<strong>LE</strong></strong> <strong>LE</strong> <strong>GRU</strong> - <strong>TURIN</strong> <strong>ITALY</strong> 10

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