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Articles - centre comerciale

Militari Shopping Center value depreciated with EUR 6 million

The net revenues of Atrium European Real Estate from the renting of the commercial centre Militari Shopping Center have stagnated last year to EUR 6.4 million, the project being reevaluated down with nearly 8% compared to the end of 2012.

Bucharest’s AFI Palace Cotroceni increases income by 6.5 pct in 2013

The AFI Palace Cotroceni shopping mall in Bucharest increased its net operating income by 6.5 percent in 2013, above the initial target, to a total of EUR 28.7 million, announced today representatives of AFI Europe Romania, the project’s developer and property manager.

Băneasa Shopping City attracts new tenant, Polish cosmetics manufacturer Inglot

Polish cosmetics manufacturer Inglot opens its first Romanian store in Băneasa Shopping City, the banner with the name of the brand being already displayed at the entry in the premises.

Argo’s Romanian centers drop in value

The shopping centers owned by the UK-based Argo Real Estate Opportunities Fund were assessed at €330m at the end of 2013, down by about €7m from the previous year.

Soros took over 5% of IGD shares, Winmarkt’s owner

An investment fund managed by Soros Fund Management, owned by the billionaire George Soros, bought a package of approx 5% of the shares of the Italian group Immobiliare Grande Distribuzione (IGD), the owner in Romania of Winmarkt network, Reuters informs.

AFI Cotroceni sales exceeded EUR 200 million in 2013

Official numbers show 5-6% growth f the retail market last year and the results are also present in Afi’s case. The results of the mall will reflect the situation in the retail market, said Israel Vizel, manager mall division AFI Europe.

CBRE named leasing agent for ParkLake Plaza

CBRE Romania was named lease agent for ParkLake Plaza, a commercial center underway in the eastern part of Bucharest by Sonae Sierra and Caelum Development.

Coresi Brasov commercial centre to be opened in 2015

Coresi Brasov commercial centre will be opened in the first quarter of 2015, the first phase including a hypermarket Auchan, a cinema, a food-court and a commercial gallery.

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