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Park Lake Mall Expects 10 Million Visitors In First Year
Retail&Consumer

Park Lake Mall Expects 10 Million Visitors In First Year

Portuguese-owned Sonae Sierra expects at least ten million visitors for the new Park Lake mall in Bucharest’s Titan district (east of the city) in its first year in business, after opening o...

Loredana Frățilă-Cristescu · 01.09.2016 · 00:00 · 1 min
Real Estate

Primavera Development Builds EUR70M Shopping Mall In Sibiu

Real estate company Primavera Development will build a shopping center in central Romanian city of Sibiu, which is scheduled to be opened in the second half of 2018.

Gabriela Stan · 03.08.2016 · 13:15 · 1 min
Park Lake Makes Competition On Mall Market In Bucharest Fiercer
Retail&Consumer

Park Lake Makes Competition On Mall Market In Bucharest Fiercer

The opening of the Park Lake mall near the Titan Park in the east side of Bucharest on September 1 will create a new competitor on the constantly expanding market of malls.

Loredana Frățilă-Cristescu · 27.07.2016 · 10:00 · 2 min
Top Ten Malls In Bucharest Posted RON680M Revenue In 2015
Retail&Consumer

Top Ten Malls In Bucharest Posted RON680M Revenue In 2015

The ten biggest malls in Bucharest posted about 680 million lei (EUR150.5 million) revenue last year, slightly higher than 2014. Some of them, however, such as Sun Plaza and Bucuresti Mall,...

Loredana Frățilă-Cristescu · 06.06.2016 · 00:00 · 2 min
Bucharest Has Room For More Malls, Experts Say
Real Estate

Bucharest Has Room For More Malls, Experts Say

On a constantly expanding market where shopping centers continue to open, only two areas of Bucharest have yet to be covered – the center and the northwest of the city.

Loredana Frățilă-Cristescu · 10.03.2016 · 09:58 · 1 min
Mall And Office Space Mix Latest Trend In Bucharest
Real Estate

Mall And Office Space Mix Latest Trend In Bucharest

Plaza Romania, AFI Cotroceni and Sun Plaza, all of which in Bucharest, are three of the malls that chose to surround themselves with office space. South Africa’s NEPI, the owner of Promenada...

Loredana Frățilă-Cristescu · 29.02.2016 · 09:49 · 2 min
Competition Among Malls In Bucharest Becomes Fiercer
Retail&Consumer

Competition Among Malls In Bucharest Becomes Fiercer

More than 40 new stores opened in six of the largest malls in Bucharest in the fourth quarter of 2015, trying to compete over a more than EUR600 million yearly shopping budget, according to...

Loredana Frățilă-Cristescu · 19.01.2016 · 10:26 · 4 min
EUR700M Mall Investments Announced For Next Few Years
Real Estate

EUR700M Mall Investments Announced For Next Few Years

Ten mall construction or extension projects requiring more than EUR700 million investments are now in progress or announced to begin soon, ZF has found.

Loredana Frățilă-Cristescu · 10.11.2015 · 00:00 · 2 min
Retail&Consumer

Four Malls In Bucharest Changed Bosses This Year

AFI Palace Cotroceni, Mega Mall, Promenada, and Anchor Grup Romania made management changes this year, putting new people in charge of malls.

Loredana Frățilă-Cristescu · 10.09.2015 · 00:00 · 1 min