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

06.15.2015

The sale of the shopping centers in Romania is not a priority until 2018, but “everything has its price,” says Carlo Barban, the executive in charge of the Winmarkt shopping center business in 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

05.06.2015

Baneasa Developments, the company controlled by local businessmen Gabriel Popoviciu and Radu Dimofte which operates the retail area of the Baneasa real estate project in northern Bucharest, ended 2014 more

03.26.2015

Austrian group S Immo, owner of the Sun Plaza shopping center in southern Bucharest, plans to expand the mall in the space previously occupied by a Mobexpert store that was shut down in the summer of more

03.23.2015

Shopping malls Galleria Arad and Piatra Neamt, owned by real estate developer GTC, are valued at EUR8 million, from EUR35 million in 2013, based on the assets purchase offers, while office compound more

03.02.2015

Businessman Marius Ivan, founder of construction materials producers Dufa and Henkel Bautechnik and developer of office building North Gate, this winter closed down Piata Pipera he opened in 2012 and more

02.16.2015

Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company through more

02.09.2015

Romanian spent 1.1-1.2 billion euros shopping online in 2014, doubled compared to 2013, when online shopping stood at around EUR600 million. more

01.08.2015

Commercial space demand will continue to grow in 2015 in shopping centers, retail parks and shopping malls, as fashion retailers such as LPP, Debenhams, Marks & Spencer, Pepco and CCC announced more

12.08.2014

Auchan has completed the takeover of 12 shopping galleries near its hypermarkets in the third quarter, following a EUR261 million deal, one of the largest deals on the Central European retail market more

11.27.2014

Romanians plan to spend an average of EUR110 each on Christmas gifts in 2014, less than the Bulgarians and the Czechs, but more than the Poles and the Dutch expect to spend, according to the study of more

11.24.2014

The Coresi Shopping Resort in Brasov, developed by Immochan, the real estate division of French retailer, scheduled to open next spring, is 75% constructed at the end of November, the company more

11.03.2014

Romanian businessman Dan Adamescu has sold a 3.6% stake in Unirea Shopping Center (SCDM.RO) to his stepson, Rani Palade, for RON2.2 million (EUR498,400). 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

South-African investment fund New Europe Property Investment (NEPI) Thursday will open Shopping City Targu-Jiu in southwestern Romania, following EUR30 million investments, the second project of this more

10.07.2014

With a 210,000-sqm built area, EUR165 million investment, 15 cranes and 1,500 workers, Mega Mall, the shopping center that is taking shape in Bucharest’s Pantelimon area, is the biggest site in the more

09.16.2014

George Argentopoulos, the chief executive officer of the company managing the Baneasa Shopping City project in northern Bucharest, says he did not see any rise in average spending in the first seven more

09.10.2014

Prodplast Imobiliare, controlled by businessman Florin Pogonaru, will invest EUR60 million, including own funds, to develop Veranda Shopping Center in Bucharest, for which it estimates annual rent more

09.09.2014

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR434,500). more

09.04.2014

Most Romanians shop online every three months and mostly buy electronics and household appliances, followed by clothing and footwear, according to a survey conducted by Exact Cercetare si Consultanta, more

08.25.2014

The former shopping center Armonia in Braila, closed in 2009 after a EUR45 million investment and nine months in business due to poor sales, will most likely be turned into a production facility by an more

08.14.2014

Property firm Atrium European Real Estate said Thursday its net rental income from the Militari Shopping Center in Bucharest fell 12.3% to EUR3 million in the first six month, due to difficulties more