SHOPPING CENTER
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Mega Mall Shopping Center To Open On May 14
Shopping center Mega Mall, developed by South-African real estate investment fund NEPI (NEP.RO) and Austrian company Real4You, will be opened on May 14 and will be the main project of this t...
Bucharest’s Shopping Center Stock To Reach 1 Mln Sqm Next Year
The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s...
NEPI Invested EUR500M In Malls In Five Years
South African-held commercial property company NEPI has become the largest owner of shopping centers in Romania and now owns about 350,000 square meters of lettable space, according to a ZF...
Former Armonia Braila Mall To Get New Lease On Life As Production Facility
The former shopping center Armonia in Braila, closed in 2009 after a EUR45 million investment and nine months in business due to poor sales, will most likely be turned into a production faci...
NEPI To Open Mall In Galati Thursday; Expands Shopping Center Portfolio To 200,000 sqm
South-African investment fund New Europe Property Investments (NEPI) will inaugurste a mall in Galati, southeastern Romania, Thursday expanding its local shopping center portfolio to 200,000...
Immochan Invests EUR60M In Building Coresi Shopping Center In Brasov
Immochan, the real estate division of France’s Auchan, started construction works Monday in Brasov on its Coresi shopping center that will include 130 stores, 6,000 square meters of entertai...
One Quarter Of Plaza Romania To Turn Into Office Space, General Manager Says
The revamping of the Bucuresti Mall and Plaza Romania shopping centers in Bucharest will begin no later than next spring and end within two years to be ready in time for new competitors, say...
NEPI Buys Severin Shopping Center And Adjacent Land Plot From Bel Rom
South-African investment fund New Europe Property Investments (NEPI) has bought Severin Shopping Center, developed by Belgian group Bel Rom, and an adjacent plot of land of 2.3 hectares, law...
Iulius Group’s Malls Register Rental Revenues Of Over EUR29M In 1H
The five shopping centers owned by Romanian businessman Iulian Dascalu and his office center Palas Iasi generated aggregate rental revenues of EUR30.68 million in the first half of the year.