Sri Lanka’s Odel expands retail space

ECONOMYNEXT – Sri Lankan retailer Odel Plc said it has added another 10,000 square feet to its main store at Colombo’s Alexandra Place and was offering new footwear and sportswear brands.

A statement said the extension increases the floor area of the Alexandra Place store to 52,000 square feet and was the second such investment by its owner Softlogic in the location in the past eight months.

The extension was designed and built by Blocher Partners, the Germany-headquartered architecture firm that designed the 645,000 square foot Odel Mall that will soon begin to take shape at the adjoining site.

In July 2017, Odel said it plans to do a mixed developed property project there with an investment of $105.7 million.

Along with the expansion, Odel said it has introduced Aldo, the global Canadian fashion footwear and accessories brand.
(COLOMBO, August 22, 2017)

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