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Top Ten Mall Managers in Bucharest Made over RON1B from Rent in 2018
08.29.2019
The ten largest companies that manage shopping centers in Bucharest posted 1.046 billion lei (EUR227 million) revenue from rents last year, 2% more than in 2017, data centralized by ZF from the Finance Ministry show.
Shopping center (owner) Company 2018 revenue (mln lei) 2017 revenue (mln lei) 2018 profit/loss (mln lei) 2017 profit/loss (mln lei) Baneasa Shopping City (Puiu Popoviciu) Baneasa Developments 246 233 73 80 AFI Cotroceni (AFI Europe) Cotroceni Park 188 171 -40 -45 Mega Mall (NEPI Rockcastle) ELJ Vatra 133 123 -56 -78 Bucuresti Mall + Plaza Romania (Anchor Grup)* Bucuresti Mall Development & Management 101 93 6 -48 Park Lake (Sonae Sierra + Caelum Development) Parklake Shopping 90 83 -18 -55 Sun Plaza (S Immo) Societate Dezvoltare Comercial Sudului 90 79 46 52 Promenada Mall (NEPI Rockcastle) Promenada Mall Bucharest 89 85 -1 4 Militari Shopping (MAS Real Estate) Land Development Proiect 51 44 -9 8 Grand Arena (Harfi family) Euroinvest Intermed 30 30 3 -4 Veranda (Pogonaru family) Veranda Obor 28 29 1 -1 TOTAL 1.046 970 5 -87 * Bucuresti Mall Development & Management shows the revenue from rents of Bucuresti Mall and Plaza Romania. Source: Finance Ministry
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