mall
124 articole · RSS
Iulius Malls See RON453M in Revenue from Rent in 2019
Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials suppl...
December Make-Or-Break Month, Veranda Mall Owner Says
December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sale...
Axa Trans Construct Revenue Rises 71% To RON73M in 2019
Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The pr...
Promenada Mall Makes Almost RON100M in Rental Income in 2019
Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show
Immofinanz Vivo! Malls Rental Income Reaches RON180M in 2019
The four Vivo! malls of Austria’s Immofinanz made 180 million lei in rental income last year, the same as in 2018, but the profit was six times higher, RON16 million, ZF has found from Finan...
Iulius Group: Sales of Stores in Malls Down to Half After Reopening, Rebound by End 2020
Iulius Group is the real estate developer that owns the Iulius malls in the country and Pallas in Iasi. There are more than 1,000 stores and restaurants in Iulius group malls which had to su...
All Malls In Romania Closed For First Time Ever
The major shopping centers closed on Monday, after the authorities issued a decree over the weekend requiring them to do so, in order to contain the spread of the coronavirus since they are...
New Mall Needed In North Of Bucharest To Attract New Brands
Bucharest has the potential to keep attracting new brands in Romania but needs additional space to allow expansion, especially in high purchasing power areas.
Alpha Bank Sells Mall Plot in Timisoara
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was canceled and Alpha Bank sold the 60,000 squa...