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Catinvest invests €70M to expand Romanian Electroputere mall

19 October 17 - RE+D Magazine
Catinvest invests €70M to expand Romanian Electroputere mall

COMPANIES

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
The French real estate group Catinvest will invest over €70 million in expanding the Electroputere Parc mall it owns in the Southern Romania city of Craiova and in developing a new mix use building nearby by the end of 2018.

 

The Electroputere Parc mall extension is part of the company’s plans to strengthen its position in Craiova and the region.

The expansion will add a gross leasable area of 9,200 sqm of stores, cinema and other entertainment areas.

The construction work is already underway and the opening is scheduled for the first quarter of 2018, according to locan news agency Romania-insider.com.

The extension will host fashion brands of the LPP group (Reserved, House, Sinsay, and Cropp). Brands such as Zara, H&M, LC Waikiki, Berska, Pull&Bear, C&A, Stradivarius, New Yorker, US Polo, Kenvelo, Orsay or Tom Tailor are already present in the mall.

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