The tender is scheduled on August 7. The shopping center is being foreclosed for total receivables of EUR61 million, plus interests and penalties, to Eurobank EFG, Alpha Bank and Bank of Cyprus, according to a tender ad of legal executor Bogdan Dumitrache.

The center covers 70,592 square meters and a number of 101 companies leased shopping areas in the building.

Liberty Center was opened in November 2008, in an EUR70 million investment. The shopping center is held by Irish company Mivan and Awdi family.