Expansion started at the end of 2018 and is set to be completed in 2020.
Following expansion, the retail center will have a total lettable area of 54,500 square meters, making it the largest retail center in northwestern Bucharest, following an investment estimated at EUR30 million.
Nova Imobiliare said over 80% of the lettable area has already been leased, indicating strong demand for retail space in the area. New tenants include CCC, New Yorker, Colin’s, Diverta, Noriel, DM Drogerie Markt, Happy Cinema, World Class, Gregory’s and Café Ritazza. Current tenants include Carrefour, Leroy Merlin DIY, Altex, JYSK, LC Waikiki, Sport Vision, Pepco, some of which opened as early as 2011.
Colosseum Mall is part of a wider mixed-use development that will include retail, office and residential areas.