Top Ten Mall Managers in Bucharest Made over RON1B from Rent in 2018

08.29.2019 By Alina-Elena Vasiliu

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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