The new mall will create 2,000 jobs.
The shopping center, which will have a rentable area of 70,000 square meters, will host over 200 stores. So far, the developers have managed to lease 70% of the mall which will host, among others, Carrefour and brands like Inditex, H&M, Maxitoys and Maxbet. It will also have 23 restaurants and a multiplex cinema.
Carrefour will be co-owner of the land, as it decided to buy the land on which it will build its hypermarket.
Ingo Nissen, managing director of Sonae Sierra, expects the EUR180 million investment to be inaugurated in the spring of 2016.
Portuguese realtor Sonae Sierra owns more than 46 shopping centers in 14 countries, on four continents, whose value exceeds EUR6 billion.
In Romania, Sonae Sierra also owns City Mall shopping center.