Investments in the shopping center rise to EUR40 million.
Shopping City Ramnicu Valcea will have a lettable area of 27,900 square meters, of which 14,000 sqm for fashion brands, 10,000 sqm for hypermarket and services and 3,000 sqm for the food court and amusement areas.
Shopping City Ramnicu Valcea will be built on a land plot of nearly 12 hectares where it will also be built a 900-space parking garage.
NEPI’s portfolio on the Romanian market reaches EUR1.8 billion. In Romania, NEPI has 34 properties generating revenue in the retail, office and industrial sectors. Their overall lettable area reaches one million sqm, with the retail segment accounting for the bulk, namely, 871,800 sqm.