Iulius invests €9 million in Iași mall upgrade

17
Jun
2026
News - Iulius invests €9 million in Iași mall upgrade #Coworking #Investment #Iulius Mall #Retail #Romania #Shopping Centre #Vlad Huţu

by Property Forum | Retail

Iulius and Atterbury Europe are allocating €9 million to revamp Iulius Mall Iași, located in the Tudor Vladimirescu university campus.


The project focuses on optimising technical infrastructure and diversifying the commercial offer with new, affordable brands. The mall draws a daily footfall above 20,000 visitors and aims to remain a destination for youth through dedicated investments, including special events, a basketball court and a creative coworking space set for completion by 2027.

Iulius Mall Iași features 27,000 sqm of leasable area and was the second shopping centre to open in Romania, in 2000. Since then it has undergone two expansions and substantial investments. The current upgrade, to be completed in early 2027, entails interventions in technical systems as well as new stores catering to youth and families. From this summer, the centre will accommodate new stores and expanded formats by existing retailers across 5,800 sqm.

"Considering the retail market in Iași, we offer a differentiating mix based on brand diversity, competitive pricing and attractive options," said Vlad Huţu, Shopping Center Manager Iulius Mall Iași.

The Iulius Company portfolio includes upwards of 310,000 sqm of retail space across two mixed-use projects (Palas Iași and Iulius Town Timișoara), the nationwide network of regional shopping malls as well as convenience retail projects. The developments draw 74 million visits every year.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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