This is the first SomProduct showroom in Timisoara and the fourth operated by the company at country level, after the ones in the cities of Bucharest, Cluj-Napoca and Brasov.
The transaction was intermediated by real estate consulting firm Cushman & Wakefield Echinox.
Sergiu Cadar, CEO of Somproduct, said the ISHO mission matches the value Somproduct promotes, adding it is a sustainable project that redefines the urban center of Timisoara.
The retailer’s portfolio consists of more than 90,000 items, including furniture and interior decorations, lighting fixtures, carpets, textiles, home appliances, accessories.
The ISHO project also includes the Stradale restaurant, the Mitzu café, a Mega Image store, an artisan bakery, the Regina Maria medical center, a drugstore and bank units. The center will further include a kindergarten and an after-school, as well as a conference center and a hub-type co-work space.
The ISHO project and the City Business Centre in Timisoara, as well as The Office in Cluj-Napoca were developed by Mulberry Development.