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

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


Latest news

News - Hungary construction starts Q1 with €1.8 billion in new projects
22
May
2026

Hungary construction starts Q1 with €1.8 billion in new projects

by Property Forum
Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.
Read more >
News - MAS sells Romanian and Bulgarian retail projects for net €251 million
22
May
2026

MAS sells Romanian and Bulgarian retail projects for net €251 million

by Property Forum
MAS has concluded binding agreements for the disposal of retail assets in Romania and Bulgaria worth €251.2 million, as part of its strategy to redeploy capital into opportunities with superior long-term returns.
Read more >
News - Big Poland opens retail park in Dzierżoniów
22
May
2026

Big Poland opens retail park in Dzierżoniów

by Property Forum
Big Poland has opened a new retail park in Dzierżoniów, with the 17,000 sqm development featuring over 30 stores and 500 parking spaces.
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