Catinvest to add 7,200 sqm in Craiova-based shopping mall

11
Nov
2021
News - Catinvest to add 7,200 sqm in Craiova-based shopping mall #Catinvest #Craiova #Electroputere Mall #Electroputere Parc #retail #Romania #shopping

by Property Forum | Retail

French real estate group Catinvest will add 5,500 sqm retail space, 1,200 sqm for a shared open-air terrace for the food court and a new playground of 500 sqm in Electroputere Mall, located in Craiova. 


The extension follows the recent inauguration of two mixed-use buildings in Electroputere Parc, adding 9,000 sqm as well as 17,000 sqm of offices. 

In the upcoming years, the company plans further retail, office and service development in the project as part of a €61 million investment. 

“The addition of new brands is the result of the latest expansions and development of the shopping center,” said Jibril Semour, General Manager of Catinvest Eastern Europe. 

In early 2022, Catinvest will start the development of an aparthotel with 58 apartments in a bid to enhance the mixed-use functions of Electroputere Parc. 

Catinvest owns and manages more than 500,000 sqm of spaces in France and Eastern Europe. In Romania, the company has additional shopping centres in Bucharest and Constanța. 




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New leases

  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.
  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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