The project has a 75,000-sqm built area and 2,100 parking places. Construction works started during 2022 and the mall is developed by NEPI Rockcastle.
Promenada Mall is set to become the biggest commercial project delivered in Romania since the opening of Park Lake in Bucharest in 2016, according to real estate consultants.
Baupartner in 2022 also started building a new Lidl warehouse in Aricestii Rahtivani, Prahova county, due to be completed in 2024-2025. The same company also started construction works for the first eMag warehouse outside Romania, near Budapest.
The builder ended 2021 with RON264 million turnover, up 28% on the year. The RON41.5 million profit was more than double the 2020 level and the average number of employees was flat at around 95.
Baupartner representatives did not answer ZF’s request for information about 2022 business evolution and plans for 2023.
(English version by Catalina Apostoiu)