Commercial - Business Review

Commercial

afi palace

AFI Europe Romania leases 5,200 sqm in AFI Cotroceni to Peek&Cloppenburg

Commercial January 17, 2017 16:00 0 comments

AFI Europe has announced the signing of the most recent lease agreement with Peek& Cloppenburg, which will open a new location in AFI Cotroceni shopping mall in Bucharest. The store will be opened this autumn…more »

"shopping city sibiu"

NEPI to invest EUR 20 mln into revamping and extending Sibiu mall

Commercial December 08, 2016 13:26 0 comments

New Europe Property Investments (NEPI) will invest EUR 20 million in 2017 into revamping and extending the Sibiu Shopping City mall in Sibiu, center Romania, according to company data.The announcement comes after the South- African…more »

Piatra Neamt Shopping City_1

Optim Project Management adds Shopping City Piatra Neamt to its portfolio

Commercial December 07, 2016 14:33 0 comments

Optim Project Management has added another retail project to its portfolio. Shopping City Piatra Neamt was officially opened by NEPI on December 1, after being developed for seven months. Optim PM started the works on…more »

shopping city piatra neamt

NEPI opens EUR 25 mln Shopping City Piatra-Neamt

Commercial December 01, 2016 17:24 0 comments

Real estate developer New Europe Property Investment (NEPI) has opened on Thursday Shopping City Piatra-Neamt, following an EUR 25 million investment. The new shopping center, located in Piatra Neamt city, has a total leasable area…more »

Daniela Popescu, Colliers International

More Polish and Turkish fashion retailers to enter Romania in 2017, says Colliers International

Commercial November 29, 2016 13:55 0 comments

Fashion retailers have continued to expand on the local market in 2016 and the trend is expected to maintain in 2017 as well, according to data from real state services firm Colliers International. One reason…more »

"koton bucharest"

Koton opens EUR 6.5 mln store in Bucharest’s Old Town Center

Commercial November 29, 2016 12:10 0 comments

Koton opens a new store in Bucharest’s Old City in a recently renovated building that kept the details of the initial architecture, on 43 Lipscani Street. At the cocktail launch event took part, among other…more »

Mall_plaza_interior

Anchor Group merges commercial centers Bucuresti Mall and Plaza Mall under one company

Commercial November 16, 2016 14:32 0 comments

The law firm PeliFilip offered legal consultancy to Anchor group in the merger project of the companies which own and operate Bucuresti Mall and Plaza Mall. The process was developed under the merger by absorption,…more »

Raluca Buciuc, Colliers International

Districts 2 and 3 host 40 pct of Bucharest’s retail stock, says Colliers International

Commercial November 02, 2016 13:00 0 comments

Bucharest’s modern retail stock has increased to approximately 1.16 million sqm (gross leasable area - GLA) following the opening of the Veranda shopping mall last month, according to data from real estate consultancy Colliers International.…more »

"andrei pogonaru veranda"

The EUR 60 mln Veranda shopping mall opens in Bucharest

Commercial October 27, 2016 13:13 0 comments

The 30,000 square meters Varanda shopping mall that Prodplast Imobiliare, controlled by Romanian businessman Florin Pogonaru, has been developing in the Obor area of Bucharest officially opened today. Construction on the site started in 2014.…more »

3

Oasis kicks off development of EUR 12 mln Prima Shops Oradea

Commercial October 12, 2016 15:16 0 comments

Oasis Retail & Development Consulting, the Sibiu-based developer of commercial centers, has announced the construction of the Prima Shops Oradea project. The retail park will need a total investment of EUR 12 million. The new…more »