The capital increase initially aimed the attraction of EUR 35 M, but due to large request, the initial offer was oversubscribed.

The potential acquisitions, with a total gross market value of EUR 170 M, include a commercial centre in Romania with development potential in an important town, a land for the development of a new regional commercial centre and a participation in a commercial centre situated in an East-European capital.

By the end of this year, the developer will begin works on three more important retail projects: Mega Mall Bucharest, where works have been already launched, Vulcan Strip Mall Bucharest and Targu Jiu Shopping City. (source: zf.ro, business-review.eu)