© ADG group 2017-2018
“Meeting Place” Management Company today announced strong 2025 operational and financial results for its portfolio of neighbourhood centers, demonstrating resilience and significant market outperformance.
The company achieved record-breaking footfall growth of 31% year-over-year, attracting 44 million visitors across its portfolio. This surge was driven by an integrated strategy combining proactive trade marketing, targeted digital campaigns, and a rapidly expanding proprietary loyalty program, which saw its membership base grow by 140%.
Occupancy reached an exceptional 97% by year-end, a rate that significantly surpasses standard market benchmarks across all retail real estate segments, not just neighbourhood centers. This was supported by the execution of 308 lease transactions, including new lettings, renewals, and strategic tenant repositioning.
Key strategic achievements included deepening partnerships with major F&B anchors such as TASTY. AND THAT’S IT, ROSTIC’S, and OSTERIA MARIO, and onboarding new concepts like HOT-DOG BULLDOG (four locations secured). In the health & wellness segment, the partnership with DDX FITNESS expanded with new club openings. The portfolio’s tenant mix was further enhanced by the arrival of FAMILIA, a leading off-price retailer, in several centers.
A defining characteristic of "Meeting Place’s" strategy is the integration of essential community services alongside retail. The introduction of government service centers, municipal sports halls, and senior citizen clubs within its properties creates a unique, multi-purpose destination that adds tangible value to the surrounding communities.
This operational excellence translated directly into robust financial performance. Tenant sales turnover increased by 34%, contributing to a remarkable 131% growth in Net Operating Income (NOI).
Occupancy reached an exceptional 97% by year-end, a rate that significantly surpasses standard market benchmarks across all retail real estate segments, not just neighbourhood centers. This was supported by the execution of 308 lease transactions, including new lettings, renewals, and strategic tenant repositioning.
Key strategic achievements included deepening partnerships with major F&B anchors such as TASTY. AND THAT’S IT, ROSTIC’S, and OSTERIA MARIO, and onboarding new concepts like HOT-DOG BULLDOG (four locations secured). In the health & wellness segment, the partnership with DDX FITNESS expanded with new club openings. The portfolio’s tenant mix was further enhanced by the arrival of FAMILIA, a leading off-price retailer, in several centers.
A defining characteristic of "Meeting Place’s" strategy is the integration of essential community services alongside retail. The introduction of government service centers, municipal sports halls, and senior citizen clubs within its properties creates a unique, multi-purpose destination that adds tangible value to the surrounding communities.
This operational excellence translated directly into robust financial performance. Tenant sales turnover increased by 34%, contributing to a remarkable 131% growth in Net Operating Income (NOI).
- Maxim KarbasnikoffDirector of Property Management at ADG group"2025 was a year of executing on our core priorities: the successful launch of three new centers-‘Almaz' ‘Rodina', and ‘Patriot'-and driving occupancy to levels that firmly outpace our competitors. We are proud to have delivered on these objectives.
Looking ahead to 2026, we will continue to focus on strategic tenant curation to boost both visitor traffic and conversion. We are also committed to evolving our creative marketing and loyalty initiatives to deliver exclusive, value-driven offers for our loyal customers.
A key operational focus will be on enhancing efficiency and reducing property operating costs. We plan to achieve this through the implementation of a unified, AI-driven management platform, optimized resource allocation, and elevated contractor performance. The neighbourhood center format has proven its resilience, and we are positioned for another year of substantial financial growth."
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