The coffee shops chain Starbucks will open a new unit on Lipscani street, in Bucharest old town, in a space owned by the entrepreneur Catalin Mahu, the founder of restaurants chain La Mama.

Starbucks rented a space with a surface of over 300 sqm on two floors and a terrace and the transaction was intermediated by the real estate consultancy firm Cushman & Wakefield Echinox. The unit will be opened in the next months.

Bogdan Gubandru, business development manager, Cushman & Wakefield Echinox: „Considering the size and positioning in the most transited  area of Bucharest, we believe that the unit on Lipscani street will become one of the most performative coffee shops in Starbucks network and a new reference point on the old town entrance. This transaction contributes to the change process of the old town’ general image by reviving a property for many years in maintenance.”

Catalin Mahu, shareholder La Mama: „I think that the opening of a Starbucks near a restaurant La Mama shows the closeness of strong brands that will develop the historical area of Bucharest.”

Mateusz Sielecki, regional director Romania and Bulgaria:. „The Starbucks coffee is on an increasing trend for several years, which attracted growths in sales and this gives us confidence that the new Starbucks unit will become a reference point in the old town.”

Currently Starbucks owns 17 units in Bucharest, while the national network comprises 34 coffee shops.