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Nicosia Mall
Shopping mall in Cyprus From Wikipedia, the free encyclopedia
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Nicosia Mall is a shopping mall located in the Lakatamia-Anthoupolis area, southwest of the centre of Nicosia, capital of Cyprus. It opened in November 2018 and is the largest mall in Cyprus.
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History
Plans for the mall were announced in 2010.[1] Construction of the mall began in 2011 but work was suspended during an economic crisis in 2013. In 2017, Bank of Cyprus supported a €25 million refinancing and restructuring of the Nicosia Mall development, becoming a shareholder in the parent company, NCMH Nicosia Mall Holdings Ltd.[2][3] The move helped construction resume in 2017, and the project was then completed in 14 months. After it opened on 21 November 2018,[4][5] it averaged 407,000 visitors a month (3.7 million in total) in the first eight months of 2019.[6] In late 2019, Bank of Cyprus sold its 64% stake in the Nicosia Mall for around €96m to buyers including retailers with stores in the mall.[2]
In early 2020, during the COVID-19 pandemic in Cyprus, Nicosia Mall closed all its stores apart from the Athienitis supermarket,[7] though some stores later operated 'pick-up' services allowing customers to collect online or telephone orders.[8] All shopping malls were closed during the 2020 Christmas period,[9] finally reopening in February 2021.[10]
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Facilities
The Mall has a total floor area of 82,000 m2 (880,000 sq ft), making it the largest mall in Cyprus;[11] it is also the largest in terms of number of outlets.[12] It has 48,000 m2 (520,000 sq ft) of retail space provided by around 140 outlets ranged over three floor levels, with mostly underground parking for 1,700 cars.[4][11] It also houses a food market and a six-screen Rio Premier cinema[4] which also offers open air cinema screenings.
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Transport access
Nicosia Mall is situated on the south side of the A9 motorway, northwest of the Anthoupoli interchange. It is connected to the city via four bus routes.[13]
See also
References
External links
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