Nova Imobiliare starts extension of Bucharest mall

12
Dec
2018
News - Nova Imobiliare starts extension of Bucharest mall #Bucharest #development #extension #mall #Nova Imobiliare #retail #Romania #shopping

by Property Forum | Retail

Developer Nova Imobiliare has started the construction works for Colosseum Mall as part of the expansion plan for its Colosseum shopping centre. The construction of the mall will be carried out by Axa Trans Construct, designated as the general contractor following a selection process.


”We are excited to announce that the selection process of the company that will deal with the construction of the shopping centre has been completed and that the works began this month. Together with our partners, we plan to inaugurate the Colosseum Mall at the end of next year,” said Mihai Dinu, General Manager at Colosseum.
 
The commercial area of the complex will be expanded by 54,500 sqm following an investment of €30 million.
 
In addition to the current tenants, including Carrefour, Leroy Merlin, Jysk, Altex, LC Waikiki, Sport Vision and Pepco, Colosseum has already announced the signing of contracts with the Romanian cinema brand Happy Cinema and World Class, the world’s largest fitness operator local market, brands that will occupy spaces above the food court area of the Colosseum Mall



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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • 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.


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