The investment in this complex nears EUR12 million.

The Miroslava commune has some 40,000 inhabitants plus 100,000 residents in neighboring localities.

Iulius will also open the Family Market Bucium this fall.

The two above-mentioned projects entail an investment of over EUR23 million and are funded via state-run lender CEC Bank.

Family Market Miroslava has a leasable area of approximately 7,000 square meters and includes as follows: supermarket, grocery store, butcher shop, pastry & pizza shop, restaurant, confectionery, drugstore, fashion and home deco products, bookstore, hair salon, cleaner’s shop, pet shop, coffee shop etc.

Retailer Auchan Romania, which proposes a new supermarket format spanning over 2,000 sqm, is the anchor tenant of the Family Market.

Group has developed the Palas mixed-use projects in Iasi and the Iulius Town in Timisoara, the shopping malls under the Iulius brand in the cities of Iasi, Timisoara, Cluj-Napoca and Suceava, as well as several office buildings.