Colosseum Mall extension opening in Bucharest delayed by spring 2022

26
Oct
2021
News - Colosseum Mall extension opening in Bucharest delayed by spring 2022 #Bucharest #Colosseum Mall #Mihai Dinu #Nova Imobiliare #retail #Romania

by Property Forum | Retail

The inauguration of the extension of Colosseum Mall in northern Bucharest was pushed back by spring 2022 due to the health crisis.  

The extension works included the upgrade of the food court area with terraces and the construction of 1,000 new parking places. The developer will also add a photovoltaic system in a bid to reduce energy costs and cut the project’s carbon footprint. 

Mihai Dinu, General Manager of Colosseum Mall, said that the decision to postpone the opening was appreciated by all retail partners. 

The extension phase can accommodate up to 25,000 sqm of new leasable space so that the overall area of Colosseum Mall can reach 75,000 sqm. 

Nova Imobiliare, the developer of Colosseum Mall, owns a land plot of 60 hectares where it plans to a residential units and offices near the shopping centre. 

 


Bucharest Colosseum Mall Mihai Dinu Nova Imobiliare retail Romania


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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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