SHOPPING CENTER
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Cora To Inaugurate Shopping Center In Constanta On July 25
French retailer Cora will open a shopping center in Constanta on July 25, which hosts the retailer’s 11th hypermarket in Romania.
Combined Loss Of Three Malls In Bucharest Exceed Profit Of Five Others
Bucharest’s shopping centers Sun Plaza, Plaza Mall and Cocor registered aggregate loss of EUR27.5 million last year, higher than the combined profit of Baneasa Shopping City, Cotroceni Park,...
BelRom’s Shopping Center In Focsani Enters Insolvency
The Bucharest Court admitted Thursday an insolvency request filed by Bel Rom Sapte, the firm through which Belgian group BelRom developed a shopping park in Foscani, eastern Romania.
Shopping Center Cocor Gives Up Luxury, Seeks To Attract The Young
Shopping center Cocor in central Bucharest, which in 2010 sought to establish itself as a luxury shopping destination after an almost EUR25 million renovation, is now looking to reposition i...
GTC Buys 30% In Three Malls For EUR1
Israeli-held real estate developer GTC bought a minority shareholder out of three Galleria malls for EUR1.
Raiffeisen Bank Lends EUR30M To AFI Europe To Complete Ploiesti Shopping Center Project
Shopping center developer AFI Europe said Tuesday it obtained financing of over EUR30 million from Raiffeisen Bank International Group to complete a shopping center project in Ploiesti, sout...
Insolvent Grand Arena Mall Announces New Major Tenant
Shopping center Grand Arena in southern Bucharest went insolvent at the end of last year as a result of the petitions of three construction companies. “We don’t owe a single leu,” say the ow...
Echo Investment To Start Work On Brasov Mall In Summer
Echo Investment, controlled by billionaire Michal Solowow, the third richest man in Poland, has announced the start of works on the EUR100-million Korona Brasov mall, for which it bought lan...
Unirea Store To Be Connected To Subway Station Via Shopping Gallery
Unirea Shopping Center in Bucharest will be connected to the most transited subway station of the city via an underground shopping gallery.