German retailer Lidl will be opening a store within Cosmopolis until the end of 2022. The new Lidl store is part of Opus Land plans to triple the commercial surface of the already existing strip mall within the residential project, which will surpass 15,000 leasable square meters. Lidl will thus become one of the few large retailers with a store within a local residential project.
“Cosmopolis will continue to develop and expand in 2022, being already a city in itself, with a multitude of specific and unique social functions on the local residential market. We registered a 12% annual increase in new contracts closed in 2021 and for this year we aim to register an equally positive result”, says Gabriel Voicu, SVN Romania’s vice-president and project manager of Cosmopolis on behalf of the company. SVN Romania is the real estate consultant and exclusive agent of the residential project.
In 2021, 543 homes were sold and approximately 550 pre-sale contracts were signed within Cosmopolis, and the target for 2022 is similar. Cosmopolis is expected to exceed the threshold of 5,000 homes completed and to reach a community of approximately 15,000 inhabitants. Total investments in the project overshoot EUR380 million, one of the largest in a real estate project in Romania, regardless of the market segment.
Additional to the strip mall, among the existing facilities existing in Cosmopolis are two kindergartens, two parks, a private beach on the nearby lake, 35 outdoor pools, several children playgrounds, numerous restaurants and cafes, and a fully equipped gym opened in 2019. Also, a new park will be inaugurated in Cosmopolis by the end of this year.
SVN Romania is one of the most important real estate consultants active in Romania and the leader of the residential segment. The company has three regional offices in Brasov, Cluj – Napoca and Covasna and is the consultant and exclusive agent for over 20 residential projects. SVN International Corp, has over 200 offices in eight countries and regions, with over 1,600 consultants and staff.