Square 7 Properties, the country partner for Romania of Mitiska REIM, has purchased a land plot of 30,000 sqm in Mediaș for an undisclosed sum.
The company has initiated the permitting procedures for a new retail park that will be developed on the land.
At the same time, Square 7 Properties continues its joint projects with Mitiska REIM and is preparing for the inauguration of Slatina Shopping Park’s expansion, as well as the start of a new investment in Giurgiu.
Square 7 Properties and Mitiska REIM have a portfolio of 26 retail parks, with a total area of 142,000 sqm. Currently, the team is working on new projects with an area of 50,000 square meters, which will be delivered by the end of 2023.
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