The company opened similar centers in 2018, in the cities of Brasov and Timisoara, respectively.
The new center in Constanta covers 942 square meters.
On June 24, 2019, opened its second store in Romania, in southern Bucharest, which entailed an investment of nearly EUR90 million. Ikea Pallady is the company’s largest in Southeast Europe, covering 37,000 sqm.
French real estate group Catinvest has invested EUR3 million in expanding by 3,500 square meters the surface area of TOM shopping center, which marks the completion of the first phase of a project aimed at boosting the total lettable area of the shopping mall by an additional 40,000 sqm of retail and office space, which will be built on a 2.5-hectare plot of land.
TOM shopping mall, inaugurated 13 years ago, has a total lettable area of 51,500 sqm and its tenants include, among others, Carrefour, Brico Depot, Decathlon, Jysk, Lem’s, IKEA Pick-up point, Sportisimo). The shopping mall hosts more than 85 stores and has some 5.5 million vistors per year.
Catinvest Eastern Europe, with its central headquarters in capital Bucharest and part of French Catinvest Group, holds and operates six shopping centers in Romania, Hungary and the Czech Republic, with a total lettable area of over 275,000 sqm.
In Romania, Catinvest Eastern Europe operates the Esplanada and Orhideea shopping centers in Bucharest, TOM shopping mall in Constanta and Electroputere Parc in Craiova. Overall, the French group holds and operates over 500,000 sqm in France and Eastern Europe.