This new expansion is not the only development project for Electroputere Parc this summer, as another office and retail building is nearing completion. With this 39 million euro investment, Catinvest adds 9,000 GLA square meters of retail and entertainment space and 16,000 GLA square meters of Class A offices.

"The second stage of the project to expand our 25,000-square-meter mixed-use building will be completed in a few weeks. The retail area of this project is already 92% rented. Therefore, it is the perfect time to start the construction process of this new expansion project and it is really interesting to see the commercial and office spaces of Electroputere Parc growing every year ", says Bertrand Catteau, President of Catinvest Group.

In total, Catinvest provided financing worth 58.5 million euros for the period 2021-2022, intended for the subsequent extensions of Electroputere Parc and the construction of new stores, offices and co-working spaces, as well as aparthotels, on a total area of 46,000 square meters.

In April, Catinvest announced the consolidation of its regional shopping center Electroputere Parc as a hub for sports equipment and brought the Hervis brand for the first time to Craiova, as part of the 39 million euro expansion completed this year. Electroputere Parc is the reference shopping center in the southwestern region of Romania, with over 187 top brands in retail, fashion, food, entertainment, all in one place, on a total area of 92,000 square meters.