shopping malls
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Romania Has 3.71 Million Sqm Of Malls, Retail Centers And Galleries – On Average 191 Sqm/1,000 Inhabitants
The stock of modern retail space in capital city Bucharest remained stable in 2018, at 1.2 million square meters, 7% higher than the stock in Romania’s Center-West region (16 counties in Tra...
Entrepreneur Iulian Dascalu Sells 50% Stake In Iulius Group’s Shopping Malls
Iulius Group, run by Romanian businessman Iulian Dascalu, sold a 50% stake in the shopping malls it holds on the Romanian market, by associating with investment fund Atterbury Europe, with e...
Cushman & Wakefield: Romania Ranks Third In Europe By Newest Stock Of Shopping Malls
Romania ranks third in a ranking of European countries boasting the newest stock of shopping malls, considering that 82% of shopping centers operational at the end of 2016 have been delivere...
Salad Box Plans To Dominate Half Of Total Food-Court Areas In Shopping Malls By End-2018
Restaurant chain Salad Box plans to dominate half of the total food-court areas in shopping malls, according to Salad Box CEO Dan Isai.
Tax Authority ANAF Checks Up On Shopping Malls, Hypermarkets, Developers, DIY Networks
Tax authority ANAF is checking up on the balance sheets of several shopping malls and hypermarkets, such as AFI Cotroceni, Unirea Shoping Center, Iulius Mall in Timisoara and Cluj-Napoca, Bi...
DTZ: Real Estate Developers Focus On Shopping Mall Openings In 1H
Real estate developers focused on the opening of new shopping malls in the first six months of 2015, when Romania’s modern retail stock exceeded 3 million sqm, according to a DTZ Echinox rep...
Galleria Arad And Piatra Neamt Shopping Malls Valued At EUR8M In 2014
Shopping malls Galleria Arad and Piatra Neamt, owned by real estate developer GTC, are valued at EUR8 million, from EUR35 million in 2013, based on the assets purchase offers, while office c...
Over 30% Of Malls In Romania Need Upgrades Totaling EUR200M
More than one third of shopping malls in Romania needs upgrade works that would cost more than EUR200 million, according to real estate consultancy firm Immpuls.
Poor Financial Results Keep GTC From Selling Galleria Buzau And Galleria Piatra Neamt Malls
Israeli-owned real estate developer Globe Trade Center (GTC), which developed a network of four shopping centers in Romania under the Galleria brand, said it cannot sell the Galleria Buzau a...