“So far we have invested some EUR15 million of our own funds. The mall is 75%-80% complete, and we expect to finish construction by the end of this year. The unit will be opened in October 2012,” said Petronela Avram, who is in charge with renting out the Uvertura mall, in Botosani.
The unit has a surface of 32,000 square meters, including a rentable surface of 15,000 sqm. Initial estimations said the unit would require an investment of EUR23 million.
The project was started in 2008, but construction was soon halted, because of the economic crisis, and then resumed in 2010.