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Articles - centre comerciale

Mall with offices, the new bet of Bucharest’s developers

„The mall and associated parking spaces increase the attractiveness for everything around them. The attractiveness of a mixed-use project is higher than of a simple one“.

S Immo AG's Sun Plaza Shopping Center to undertake massive transformation

Six years after it opened its doors in the South of Bucharest, Sun Plaza Shopping Center is ready for a new challenge: a refurbishment process that will significantly improve the retail mix and shop count.

The hottest week in Romanian real-estate. Five projects of EUR 250 million announced in two days

„Romania is “hot” again in terms of real estate investments. Looking at the projects, you can see companies with no new projects in a while, which are starting now. We see Skanska currently developing new projects but we also see Romania starting to attract other investors “, said Andrew Peirson, managing director of JLL for SEE and Romania.

Veranda shopping center signs EUR 25.5 million financing deal

The Veranda shopping center, in the Obor area of Bucharest, signed a EUR 25.5 million financing deal with Raiffeisen Bank SA and Raiffeisen Bank International AG for the development of the project in the next period of time, according to a company press release.

Veranda Mall in Bucharest reaches 70 pct occupancy rate before proposed opening

Veranda Mall, a commercial complex in Bucharest’s Obor area, has reached a 70 percent occupancy rate before its scheduled opening in the last quarter of the year, developer Prodplast Imobiliare announces.

Anchor Group to reconvert 20 pct. of the Plaza Mall in Bucharest to offices

More than 10,000 sq. m of the Plaza Mall area will be reconverted in office spaces, a project currently undergoing under the renovation process of the mall in Drumul Taberei neighbourhood in Bucharest, which will be completed this spring.

Iulius Mall invests EUR 3.5 mln into ‘new look’

Last year, the Iulius Management Center company invested over EUR 3.5 million for the redeveloping of specific areas within Iulius Mall Timisoara, according to company representatives. The works were carried out in parallel with those for the Openville urban ensemble that is located in its immediate vicinity and were recently completed.

Libra Bank considers real estate projects’ financing

Libra Bank, a small player in the Romanian banking system, part of the American investment fund un New Century Hol­dings, started the year in force on the real estate segment, announcing its intention to finance two residential real estate projects in Cluj and Braşov.
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