Tirana East Gate
January 29, 2018
January 29, 2018
Tirana East Gate (TEG) is the largest shopping center in Albania, located in the capital city of Tirana, with a total catchment area of 1.100.000 inhabitants.
The mall has a favorable geographic position, being located only 4 km from the city center, in the vicinity of Tirana-Elbasan tunnel, which makes it easily accessible by residents of both cities.
The shopping center, an investment of 54 million EUR, was developed by the leading Albanian real estate development company, Balfin Group.
TEG consists of a gross leasable area of 42.000 sqm and a gross built area of 90.000, offering 180 retail units and 1.500 parking spaces on 2 levels.
TEG is anchored by a Carrefour supermarket and its tenants include various international brand names such as Mango, Springfield, Cortefiel, LC Waikiki, Celio, Parfois, Carpisa, Okaidi, Swarovski, Furla, Zeades, Misaki, Orsay, Sport Vision, U.S Polo, Adidas, Calliope, Terranova, and many others.
Approximately 55% of the mall is focused on fashion, although its offer includes various restaurants, cafes, the largest Jumbo toy shop in Albania, the country’s largest electronics store Neptun, a children’s play area, a seven screen multiplex cinema operated by Cineplexx and many other leisure and entertainment facilities.
Strategically placed in one of the most well-connected areas of the capital and providing a carefully chosen mix of local and international tenants, which includes many newcomers to the Albanian market, TGE has become one of the leading shopping centers in Tirana and the neighboring area.
The mall was a joint project of Balfin Group, Albanian-American Enterprise Fund and Investment Financial Services Ltd .
ACREM (Albania Commercial Real Estate Management), Albania
Tirana East Gate (TEG) shopping center in Tirana has recently expanded its tenant mix with the opening of the new Versace Jeans store, operated through the brand’s local franchise partner for Albania.
Reale Italia shpk, franchise partner of the Italian fashion brand Trussardi Jeans for Alba-nia, has opened on the 20th of January its new store within Tirana East Gate (TEG) shopping Center at Rruga Nacionale Tirane-Elbasan Street in Tirana.
Balkan Master shp, Albanian fashion retailer, has this month opened two new Tezenis and Calzedonia franchise stores within Tirana East Gate (TEG) shopping center in Tirana, Albania.