The investment marks the diversification of the company’s portfolio, which has so far focused on the industrial, office and housing sectors.

The retail park, developed on an over 25,500 square meter land plot, will include an ATAC Hiper Discount, the discount format operated by Auchan and an around 1,500-sqm shopping gallery.

Oradea Retail Plaza project is part of a broader investment plan of Global Vision, topping EUR150 million.

(English version by Catalina Apostoiu)