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Carrefour Is The First Tenant Of Future Shopping Center In Bucharest Obor Area
Businessman Florin Pogonaru has signed an agreement with Carrefour for a space of around 10,000 square meters within the shopping center he plans to build through Prodplast Imobiliare, which...
Bancpost Funds City Mall Transformation Into Offices
Bancpost is set to fund, by around EUR17 million, the transformation of City Mall shopping center into an office building, according to the report by Globalworth investment fund controlled b...
Ten Biggest Malls In Bucharest Attract 300,000 Visitors A Day
The largest ten shopping centers in Bucharest, which cumulate a lettable area of more than 500,000 square meters, attract almost 300,000 visitors and sell EUR3 million to EUR4 million worth...
2013 In Review: Ten Most Important Events In Construction Sector
The year 2013 witnessed insolvencies, several deals and the opening of new construction materials plants and malls.
Deal Of The Year In Real Estate: NEPI Pays EUR81M For City Park Mall In Constanta
South-African investment fund NEPI Tuesday concluded this year’s biggest transaction on the Bucharest real estate market, paying EUR81 million for shopping mall City Park in southeastern cit...
Construction Works On Mall ParkLake In Bucharest To Start In December
Portuguese company Sonae Sierra and Irish real estate developer Caelum Development said they got authorization to build shopping center ParkLake in Bucharest in September and construction wo...
Malls Conquer Bucharest’s Plants
Bucharest’s heavy industry has been turned into scrap iron or relocated on the outskirts at best in the last ten to fifteen years and the former plant sites have and will continue to be used...
The EUR2B Investments That Changed The Face Of Bucharest
The opening of the Promenada mall in northern Bucharest scheduled for Thursday marks the completion of a EUR300 million investment in the Floreasca City development, one of the largest in Bu...
NEPI To Start Construction On Three Malls By Christmas
South-African investment fund NEPI plans to start work on three more retail projects in Romania by the end of this year, which will entail a total budget of around EUR200 million. The fund h...