In 2016 the first store of the world-famous Swedish clothing company H&M was put into operation in Cyprus, on Ledra Street in Shacolas tower, one of Cyprus most recognisable high-rise buildings with commercial use. The store has 6 levels of a total surface area over 5,000 sq.m.
As one of the world’s largest fashion companies with more than 120,000 employees worldwide, H&M witha business concept to offer fashion and quality in a sustainable way.
H&M group comprises of nine independent brands: H&M, COS, Weekday, Monki, H&M Home, & Other Stories, ARKET and Afound. We have over 4,900 stores across more than 73 markets worldwide.
The asset is part of CYREIT portfolio the number ONE Cyprus AIF investing in Cyprus Real Estate