The Timisoara building is set to be exclusively used for healthcare activities, say the company’s representatives.
At present, MedCity owns and manages a portfolio of ten buildings in Romania, on a total leasable area of more than 17,000 square meters.
Medical malls developed by MedCity in Romania have so far entailed investments of above EUR27 million. The company for the next two years plans to expand or develop new projects both in existing cities and new ones, such as Cluj, Brasov, Constanta, Oradea and Sibiu.
A major fashion and sportswear retailer, FF Group manages in Romania stores under Collective, Scotch & Soda, Sport Loft brands, as well as online platforms collectiveonline.com, sport-loft.com, and has an own warehouse.
Romania’s investment market in 2022 posted deals of above EUR1.25 billion, way above the EUR890 million mark of 2021, the highest level since 2007, reveals Colliers annual report.
(English version by Catalina Apostoiu)