World Class has been present in Iulius Mall Timisoara since 2006, and, along with the integration of the shopping mall into Iulius Town mixed-use project, the fitness center has also extended, covering an area of 3,400 square meters.
The World Class chain is held by privately-held investment fund Resource Partners, which is backed by several institutional investors. The fund attempted to sell the World Class chain, valued at EUR100 million, but has not found any buyer to date, according to market data. World Class has 39 health & fitness clubs in Romania, and three others will be inaugurated in 2020.
The first phase of Iulius Town real estate project in Timisoara was officially inaugurated at the end of August 2019, an investment carried out by Iulius Group, in partnership with investment fund Atterbury Europe. The first phase of the project covers 120,000 sqm of retail space (the equivalent of 12 football fields) – including Iulius Mall – in 450 stores, a fitness center, event halls, as well as office ad green spaces. The last building, UBC 0, which will be the tallest in Romania, is due for delivery in 2020.