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Articles - commercial centres

NEPI opens EUR 30 mln shopping mall in Targu Jiu this Thursday

Real estate investment fund New Europe Property Investments (NEPI) will open this Thursday a shopping center in Targu Jiu, southern Romania, following a EUR 30 million investment, according to Mediafax.

Companies controlling Bucuresti Mall and Plaza Romania to merge

Two companies that are part of Turkish group Anchor and own shopping centers Bucuresti Mall and Plaza Romania will merge. The two companies have combined assets of over EUR 200 million.

Three new retailers join Hello Shopping Park Bacau

Hello Shopping Park, the first retail park in Bacau inaugurated in 2008, announced on Tuesday that three new anchor stores will be opened in November.

Immochan Romania leases 80 pct of the Coresi mall in Brasov

Immochan Romania, the real estate division of the Auchan Group which operates a network of 31 hypermarkets in Romania, has built 70 percent of the EUR 60 million Coresi Shopping Resort in Brasov and has leased 80 percent of the retail space, the developer announced on Tuesday.

Raiffeisen Evolution in negotiations for EUR 150 mln sale of Promenada Mall

Vienna based real estate developer Raiffeisen Evolution is negotiating the sale of the Promenada shopping center, a EUR 130 million investment that opened less than one year ago in Bucharest, sources on the real estate market told Mediafax.

Works on Veranda shopping center in Bucharest to start next week

Construction works on Veranda shopping center, developed by Romanian businessman Florin Pogonaru in Obor area in Bucharest, will start next week, reports local Mediafax.

Immofinanz to develop a new commercial center concept in Romania

The Austrian group Immofinanz wants to bring a network of small size commercial centers, a concept it intended to develop before the beginning of the financial crisis. The development in the Romanian market has in view retail and logistic projects.

Carrefour and NEPI open Vulcan Value Centre on September 4

Real estate investment fund New Europe Property Investments (NEPI) and Carrefour Romania will open on Thursday the Vulcan Value Centre shopping park in south-west Bucharest.

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