News Article Omer Susli Râmnicu Vâlcea retail River Plaza Mall Romania Sonae Sierra
by Property Forum | Investment

Property investor Omer Susli has purchased River Plaza Mall in Râmnicu Vâlcea from Sonae Sierra for an undisclosed sum.

Susli has reportedly taken over the firm operating the mall for €1 as well as the receivables for a Sonae Sierra bank loan with €17.2 million left for repayment, according to

The deal came less than one month after Susli’s company purchased Vitantis Shopping Center in Bucharest from Revetas Capital.

River Plaza Mall has a leasable area of 12,358 sqm. It was purchased by Sonae Sierra in 2007 from a local developer for €42 million. The mall has nearly 100 stores and restaurants.

Susli is the founder of interior design store chain Homelux. His property portfolio also includes other retail schemes in smaller cities.