09.07.2015

Focsani Mall and Hello Shopping Park Bacau, insolvent since 2013, estimate for this year revenues similar to those before insolvency, said Ionut Dogaru, country manager Resolute Lar Romania, the more

08.18.2015

The five malls businessman Iulian Dascalu owns in Romania generated about 250 million lei (EUR56 million) revenue last year. The most profitable of them were the Iulius Malls in Timisoara and more

08.07.2015

Three shopping centers totaling more than 150,000 square meters will be built in Timisoara over the next three years, following more than EUR200 million investments, according to ZF estimates. more

06.19.2015

The 16 shopping centers in Bucharest, among which Baneasa Shopping City, AFI Palace Cotroceni, Sun Plaza and Bucuresti Mall, generated more than 800 million lei (EUR178 million) in revenue last year, more

06.16.2015

Bucharest’s mall market is not oversaturated, despite the openings in the last few years, says Israel Vizel, the manager of the shopping center division of AFI Europe, the owner of AFI Palace more

06.10.2015

Builder Bog’Art SRL of businessman Raul Doicescu ended 2014 with more than 585 million lei (EUR131 million) revenue, up 45% on 2013 and its highest in six years, according to Finance Ministry data. more

05.13.2015

Retailer Carrefour will be opening its 28 hypermarket in Romania Thursday, in the Mega Mall shopping center in Bucharest. more

05.11.2015

Shopping center Mega Mall, developed by South-African real estate investment fund NEPI (NEP.RO) and Austrian company Real4You, will be opened on May 14 and will be the main project of this type more

05.07.2015

South-African real estate investment fund NEPI (NEP.RO) has invested EUR40 million in expanding by 21,000 square meters the rentable area of shopping center City Park Mall in southeastern of more

04.15.2015

South-African real estate investment fund NEPI (NEP.RO) postponed for May 14 the opening of shopping center Mega Mall in Romania’s capital city Bucharest. more

03.25.2015

Immochan, the real estate arm of Auchan group, will open shopping center Coresi on Brasov’s Tractorul platform this Friday in the wake of investments worth EUR60 million. Tatian Diaconu, the 37-year more

03.25.2015

Businessman Florin Pogonaru’s family, which plans to develop a shopping center called Veranda on a 4.5-ha land plot close to Bucharest’s Piata Obor, launched the auction for the selection of a more

03.10.2015

British retail group Debenhams, which had left the Romanian market 18 months ago, has invested over EUR1 million in the 2,800-square-meter store it will open on March 26 in Bucuresti Mall. more

02.15.2015

AFI Europe has signed a preliminary agreement to acquire the land owned by retailer Cora in Brasov, where it plans to build a retail center, as Auchan's real estate division Immochan is launching the more

02.12.2015

Turkish fashion retailer Koton will reopen Friday its store in Bucuresti Mall shopping center, after it was moved to the ground floor and extended to 1,640 square meters following EUR500,000 more

02.02.2015

South-African real estate investment fund NEPI (NEP.RO) will open shopping center Mega Mall in capital city Bucharest on April 23, following EUR165 million investments, the company said in a more

01.12.2015

Turkish fashion retailer Koton will open two stores in Romania in spring this year, in Iulius Mall Iasi and Iulius Mall Timisoara, mall owner Iulius Group announced Monday. more

12.03.2014

Sorin Scintei, the manager who has run for almost six years City Park mall of Constanta, will take over the position of general manager of shopping center Mega Mall South-African group NEPI is more

11.20.2014

Portugal’s Sonae Sierra and Ireland’s Caelum Development have chosen the builder of the ParkLake Plaza shopping mall in Titan district in eastern Bucharest, which has been installing cranes over more

11.05.2014

The Romanian Competition Council approved the takeover of Raiffeisen evolution’s Promenada Mall by South-African investment fund New Europe Property Investment (NEPI). more

10.23.2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

10.20.2014

South-African investment fund New Europe Property Investment (NEPI) will invest EUR6 million in renovating Aurora shopping mall in Buzau, bought this summer from businessman Dan Ostahie, jointly with more

10.16.2014

South African-held commercial property company NEPI has become the largest owner of shopping centers in Romania and now owns about 350,000 square meters of lettable space, according to a ZF analysis. more

10.15.2014

Promenada Mall, opened near the Aurel Vlaicu subway station in northern Bucharest last October, following a EUR130 million investment, has mostly reached the targets set for its first year in more

10.07.2014

Businessman Gheorghe Iaciu, who bought Moldova Mall shopping center in downtown Iasi (NE Romania) from East Balkan Properties early this year, will begin works this week to convert it into offices. more