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Results 26 - 44 from 44 for "malls"

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  • Bucharest’s Bucur Obor Enters Mall Era

    09.04.2014

    Bucur Obor, a precursor of today’s malls which opened more than 40 years ago in Bucharest, will undergo refurbishing works this year. The basement will host a discounter, while fashion stores of more

  • Bucharest’s Sun Plaza, EUR15.9M In Revenue In 2013, Up 2.5%

    07.18.2014

    The Sun Plaza mall of Bucharest’s Berceni district posted revenue of EUR15.9 million last year, up 2.5% compared with 2012, cementing its third position in Bucharest malls’ ranking. more

  • Over 30% Of Malls In Romania Need Upgrades Totaling EUR200M

    04.29.2014

    More than one third of shopping malls in Romania needs upgrade works that would cost more than EUR200 million, according to real estate consultancy firm Immpuls. more

  • Poor Financial Results Keep GTC From Selling Galleria Buzau And Galleria Piatra Neamt Malls

    03.21.2014

    Israeli-owned real estate developer Globe Trade Center (GTC), which developed a network of four shopping centers in Romania under the Galleria brand, said it cannot sell the Galleria Buzau and more

  • Shopping Mall Developers In Romania Revive Projects Worth Half A Billion Euros

    11.11.2013

    Construction works on four new shopping malls worth around half a billion euros are set to start in capital city Bucharest at the end of 2013 or early 2014. more

  • West Europeans Start Using Malls As Leisure Destination

    07.23.2013

    Romanians go to malls to shop and spend their spare time and this trend has started to also take shape in Western European countries where people mainly go to malls for shopping, according to Austrian more

  • Shopping Malls Worth EUR600M Insolvent, Closed Or Left Unfinished

    07.10.2013

    Eleven shopping centers in Romania went insolvent or ceased activity and constructions on ten other shopping mall projects were halted after investing millions of euros already, which do not include more

  • How Many Of Planned Malls Will Actually Be Built In Bucharest?

    06.10.2013

    Foreign investors have paid more than EUR400 million in the last six or seven years for plots to develop ten new shopping centers in Bucharest, but the market cannot take that many investments now. more

  • Kaufland Considers Opening Stores In Malls

    04.12.2013

    Kaufland, the largest retailer in Romania, plans to open stores in the local malls after having preferred standalone stores or stores in retail parks, sources close to the company say. more

  • AFI Palace Wants To Conquer Ploiesti, A City With A Purchasing Power Of EUR500M/Year

    11.13.2012

    Romanian southern city of Ploiesti is the only one with two malls being built at the same time, namely Ploiesti Shopping City project and AFI Palace Ploiesti. more

  • Top Owners Of Office Space And Malls Made Over EUR200M From Rents In 2011

    03.15.2012

    The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows. more

  • AFI Europe’s Target After EUR500M Investments: Four Malls And A Few Office Buildings In Two Years

    02.21.2012

    David Hay, who has been running the Romanian subsidiary of AFI Europe for almost a year, has a clear target for the next two years: the local portfolio should reach four shopping centers and “a more

  • Biggest Bankruptcies: Crisis Brought Three Malls And Several Retail Businesses To Their Knees

    01.26.2012

    Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years. more

  • Mall Owner: Retailers Come To Sell, Not For Zero Rent

    12.06.2011

    Christopher Shonn, managing director of Argo Real Estate investment fund, the largest owner of shopping centers on the Romanian market, says attracting large foreign investors by exempting them from more

  • Cinnabon Bakery & Confectionery Chain Looks At Malls For Expansion

    12.05.2011

    The bakery & confectionery shop chain Cinnabon, the fourth restaurant and confectionery business of Puiu Popoviciu, might see EUR800,000 revenue this year and EUR1.5 million next year. He also owns more

  • "Junk" Malls Sell At 80% To 90% Discounts

    12.01.2011

    The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prove it are more

  • No Clear-Cut Winner In This Fall’s Mall Battle

    09.27.2011

    The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though, that more

  • Galleria Malls Lose 8% Of Value In First Half - GTC Report

    08.22.2011

    The Galleria malls owned by property developer GTC in Romanian cities Suceava, Buzau and Piatra Neamt, were evaluated at EUR54 million at the end of June this year, down 8% since the beginning of the more

  • Hot Autumn For Retailers: EUR500M Malls Set For Opening

    06.14.2011

    This autumn is set to be much more “prolific” in terms of shopping center openings compared with 2010, as projects totaling 250,000 square meters and almost half a billion euro in investments are more

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