Archive for September, 2009
Cocor Luxury Store Rating System
by admin on Sep.09, 2009, under Cocor Luxury Store Rating System
1. All leasing bids will be rated base on a score from 5 to 1 computed as an average of the following notes A, B, C, D weighted by 50%, 12.5%, 12.5% respectively 25%:
2. The final rating of the tenant bid is: Final Rating = 0.5*A + 0.125*B + 0.125*C + 0.25*D
3. All leasing bids with a final rating below 3 will be considered unsuitable for the Cocor Luxury Project.
4. Top-brands retailers that are not currently present on the Romanian market will be automatically qualified for locations in the Cocor Luxury Store if they offer at least the reference rent proposed by the owner. If two competing offers receive equal ratings, note A is the decisive factor.
5. First client per location will have the first refusal right for the best rated tenant offer and the possibility to improve his rating to equal the best obtained for the location.
