“2019 was a top performing year for all our projects. The growth reflects the maturity they reached but is also the result of the implementation of concepts around the needs and expectations of communities. Last year came with double-digit growth for our tenants and for our projects. We saw a similar trend in the first two months of this year. However, we expect this year’s results to be significantly worse than the 2020 expectations set in 2019,” say the officials of Iulius Group held by businessman Iulian Dascalu.
The group has four Iulius malls in Timisoara, Cluj-Napoca, Iasi and Suceava and another mall in Iasi, part of the Palas complex. Iulius Town Timisoara generaes the highest revenue of them all.
(English version by Loredana Fratila-Cristescu)