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Articles - commercial centres

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

IGD: We are not aiming new projects in Romania

Italian company Immobiliare Grande Distribuzione (IGD), the owner of the Winmarkt commercial centres network, will focus on the improvement of its current portfolio on the local market, aiming to attract new tenants and prepare for the moment when the investment market will recover.

Era Shopping Oradea retail entered insolvency

Omilos Oradea, a company which portfolio includes Era Shopping Park in Oradea, entered insolvency, as Bucharest court accepted its request.

Ploiești Shopping City opens

ROMANIA Carrefour and NEPI have opened the Ploiești Shopping City shopping centre in Ploiești in an investment of EUR 65 mln.

Mega Mall project begins next year

The Austrian developer Real4You obtained the building permit for its 70,000 sqm Mega Mall shopping center

AFI Europe’s Retail Assets Market Value in Romania

The two malls in Romania of the Israeli developer AFI Europe, situated in Bucharest and Ploiesti reached a total market value of EUR 433 million.

New Development Speed Record: First Mall in Galaţi, to Open in 6 Months since Beginning of Works

South-Africa’s group NEPI, which has bought last year in Galati a plot of 12.7 ha, started in May the construction works for Galaţi Shopping City, with a rentable area of 27,000 sq. m and after only 6 months will open the commercial centre with retailers such as Carrefour, New Yorker, Altex, Intersport or KFC.

Ploiesti Shopping City generates EUR 25 million sales in first year

Ploiesti Shopping City, the mall developed by Carrefour Property and New Europe Property Investments (NEPI) near Ploiesti, has attracted some 5 million visitors and has generated over EUR 25 million in sales in the first year after the opening, according to the company.

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