Located in the northern part of the city, Prima Shopping Center Sibiu is a retail park covering 40,000 square meters.
Supernova operates over 20 shopping centers.
Klaus Reisenauer, partner within Oasis Development, said construction works on the first phase of the project are envisaged to start in the fall of 2019 and the delivery is expected in the second quarter of 2020.
The first phase of the project in Sibiu covers 15,000 sqm and will include a hypermarket and a retail gallery. The second phase of the project targets a mix of retailers selling large products, as well as a hotel.
Oasis Development is one of the most dynamic retail developers in Romania, with over 70 projects delivered across the country over the past 15 years, on a surface area totalling 1.5 million sqm of land. The retail developer is held by Klaus Reisenauer and Kurt Wagner.
The company develops own projects under the brands Prima Shops and Family Center. Oasis Development’s portfolio in Romania comprises six retail parks and shopping centers launched under the Prima Shops brand in Oradea, Roman, Reghin, Fagaras, Tecuci and Mangalia, as well as two retail parks held in partnership, under the Family Center brand, in the towns of Giurgiu and Ramnicu Valcea.