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Articles - centre comerciale

EUR 35 million loan for the development of the new Obor Mall

Businessman Florin Pogonaru intends to borrow EUR 35 million for the financing of the mal he intends to build near Obor market in Bucharest through its company Prodplast Imobiliare, whose capital should be increased with more than EUR 10 million for the same purpose.

Auchan dishes out EUR 280 million for 12 shopping galleries

French-held retailer Auchan has reached an agreement to buy 12 hypermarkets and shopping galleries in Romania located in Bucharest, Timisoara and eight other cities throughout the country. The deal is worth about EUR 280 million, according to zf.ro.

New Investments: NEPI has nearly half a billion Euros for new projects

Investment fund NEPI has ongoing in Romania investments exceeding EUR 460 million in new projects or in existing projects expansions, with a total rentable area upon completion of more than 250,000 sq. m.

AFI Palace Cotroceni revenue up 6.7 percent, to EUR 7.3 mln

Shopping mall AFI Palace Cotroceni reported a net revenue increase of 6.7 percent in Q1 2014, up to EUR 7.3 million. The owners estimate that they will reach a figure of EUR 29 million at the end of the year, similar to their results last year.

Romania’s new retail supply hits 9-year low in 2014, says JLL Romania

Only two modern retail schemes will be delivered in Romania this year totaling 62,000 sqm, according to a recent report from JLL Romania. This is the lowest level reported since 2005, according to the real estate service firm.

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.

15 pct of the commercial centres in Romania will change their destination

Nearly 15 pct. of the commercial centres existing in Romania will change their destination in the following period, according to the specialists.

The revenues of the commercial centres in Romania could grow with 3.5 pct. in 2014

The revenues of the commercial centres in Romania could register an average growth of 3.5 pct. in 2014 on the background of the increasing consuming appetite of the Romanians, said on Wednesday Robert Maxim, managing partner Ensight Management Consulting, in a specialized conference.

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