The new stores include the biggest stores in Romania of brands like Lego and Forever 21.
The reconfigured area in the shopping mall totals 5,500 sqm of commercial spaces, leased 100%.
“Sun Plaza is the dominant retail scheme for the southeast part of Bucharest. By investing in remodeling, we will take the shopping experience in Sun Plaza to the next level and the mall will be attractive for all Bucharest denizens,” said Friederich Wachernig, member of the S IMMO AG board of directors.
The remodeling process was split into three stages over a 24-month period.
“Since it is the sole mall in Romania with direct subway access and integrates one of the largest hypermarkets in Bucharest and a balanced mix of retail, services and entertainment spaces, Sun Plaza has significant potential to become a prime option for visitors and shoppers,” said Razvan Iorgu, managing director of CBRE Romania, which manages the mall.
CBRE studies have shown 70% of Romanian consumers prefer large shopping centers, way above the European average of 47%.