Articles - centre comerciale

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.

Investment fund invests EUR 10 mln in revamping mall in Romania’s Craiova

The shopping center Mercur Craiova, owned by local investment fund SIF Oltenia, will be reopened in April this year after an extensive revamping process. The total investment amounts to over EUR 10 million.

Cosmopolis developer to invest EUR 20 mln in 500 new houses and shopping centre

Opus Land Development, developer of the Cosmopolis residential compound in north-east Bucharest, will invest approximately EUR 20 million in building 500 new houses within the residential compound, according to a press release from Coldwell Banker Affiliates of Romania, manager of the project since 2013.