Iulius to launch new retail concept

16
Jul
2020
News - Iulius to launch new retail concept #development #Iasi #Iulius #retail #retail park #Romania

by Property Forum | Retail

20 years after opening its first shopping mall in Iași, Iulius is launching a new retail concept. Family Market is a concept that addresses the expectations and needs of people living in expanding residential areas. The first project of this type is proposed for Miroslava commune in Iași County and entails an investment upwards of €6 million.


Family Market projects will be developed in the centre of densely populated areas and cater to their particular needs, allowing for time saving, access to services that are missing from the immediate vicinity, as well as providing a social venue. The small-scale format integrates a supermarket and a customized mix of services, as well as landscaped parks and leisure areas.

The first Family Market is currently in the approval and authorization phase and the works will be kick-started this year, depending on the completion of these endeavours. This is an investment upwards of €6 million in Miroslava commune, part of the metropolitan area of Iași.

The Family Market in Miroslava Commune will have a leasable retail area of approximately 6,200 sqm. In addition to a supermarket, the project includes uses designed in line with current everyday needs, as well as geared towards providing comfort. Coffee shops, drugstores, flower shops, beauty salons, cleaners, bakeries, and locations for showcasing small producers are only a part of the elements to be provided in the midst of the community.

Another 4,200-plus sqm are allotted for fitting out a park, the only one in the commune, comprising pedestrian alleys, an artesian fountain and a monument dedicated to heroes. The green areas are designed by the same international team of landscaping specialists that worked on the gardens integrated in the Palas Iași and Iulius Town Timișoara mixed-use projects.

The project will also include an events hall, as well as leisure concepts for people of all ages. Moreover, the investment also entails creating 137 parking places, as well as infrastructure upgrade works, by widening the adjacent street and refitting out the public transit station in the area.




Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • 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.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


Latest news

News - CPI Europe exits Italian retail market with two park sales
13
Apr
2026

CPI Europe exits Italian retail market with two park sales

by Property Forum
CPI Europe has sold two retail parks, Stop Shop San Fior and Stop Shop Terminal Nord Udine, completing its exit from the Italian retail park market. The transaction was finalised under market conditions following portfolio management.
Read more >
News - Principal snaps 16,000 sqm industrial project in Kraków
13
Apr
2026

Principal snaps 16,000 sqm industrial project in Kraków

by Property Forum
Principal Asset Management has expanded its Polish portfolio with the acquisition of a 16,281 sqm industrial property in Kraków, in a sale-and-leaseback transaction on behalf of Log In, the European logistics and industrial fund managed by Theoreim.
Read more >
News - City Point Okęcie achieves Breeam Outstanding certification
13
Apr
2026

City Point Okęcie achieves Breeam Outstanding certification

by Property Forum
City Point Okęcie, a joint venture between Partners Group and Peakside Capital Advisors, has achieved Breeam Outstanding certification with a score of 92.3%. 
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy