The four malls located in Timisoara, Cluj, Suceava and Iasi posted revenues of EUR45.73 million, slightly up from EUR45 million in 2011, Iulius Group told Mediafax.
The shopping center in Timisoara reported revenues of EUR17.44 million in 2012, from EUR16.8 million in 2011, while the Cluj-Napoca mall posted revenues of EUR15.27 million in 2012, from EUR14.7 million a year before. The shopping center in Suceava registered constant revenues of EUR6.9 million, while Iulius Iasi mall posted revenues of EUR6.12 million, lower than EUR6.6 million in 2011.
At Palas Iasi, the office spaces generated EUR2.25 million revenue, while the mall posted revenue of EUR7.63 million in just seven months of operation. Palas opened on May 31.