The retailer entered the local market in August, with a store in Bucharest’s ParkLake Shopping Center, with both deals being handled by real estate consultancy Cushman & Wakefield Echinox.
“This new investment demonstrates the company’s firm commitment to Romania, a company that plans to expand further in the near future. We believe Romania remains a key location for existing brands, as well as for those wanting to expand their foothold in the region,” says Dana Radoveanu, Head of Retail Agency, Cushman & Wakefield Echinox.
Romania is the fourth destination for Jimmy Key brand.
According to Elvan Unluturk, Chairperson of the Board of Directors at Jimmy Key, for the next five years the company plans to open more than 10 stores in Romania.
(English version by Catalina Apostoiu)