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Companies controlling Bucuresti Mall and Plaza Romania to merge

Two companies that are part of Turkish group Anchor and own shopping centers Bucuresti Mall and Plaza Romania will merge. The two companies have combined assets of over EUR 200 million.

Anchor Grup plans to resume works on Metropol office project

Real estate developer Anchor Grup, part of Turkish Fiba Holding, is in the process of selecting a contractor and could resume works on the 35,000 sqm Metropol office project in western Bucharest this autumn.

Anchor Group general director quits after 14 months on the job

Razvan Gaita, general director for Anchor Group since May 2013, resigned his position on August 1, for personal reasons. Gaita will start his own business so the renovation plans for the two shopping malls the Turkish developer owns in Bucharest are up in the air, writes Mediafax.

Anchor Group starts work on Plaza Romania’s EUR 10 mln facelift

Real estate developer Anchor Group has begun refurbishment works on the Plaza Romania mall in western Bucharest, a project that will require a EUR 10 million investment, the company announced today.

Anchor to start in a month the revival of Plaza Mall, strongly affected by AFI Cotroceni competition

Plaza Romania mall in Drumul Taberei district in Bucharest, opened by Turkey’s Anchor Group ten years ago, will enter a significant rehabilitation process which will exceed EUR 10 million and will be done in several phases, in order for two thirds of the centre to remain functional.

Gaiţă, Anchor: A quarter of Plaza Mall reconverted to office building

Răzvan Gaiţă, the Romanian recently appointed as head of local operations of Anchor Grup, says that the renovation process of the commercial centres Bucharest Mall in vitan and Plaza Romania in Drumul Taberei will start next spring, the works being scheduled for completion in two years, until the emergence of new competitors for the two projects.

First Romanian to take over Anchor Group’s management

Anchor Group, the developer of Anchor Plaza, Bucharest Mall and Plaza Romania, has a new general manager, Razvan Gaita, former expansion manager within Billa and Kaufland.
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