ARTICLES LABELLED WITH TAG mall

Since the beginning of April Novaston Marketing Consultancy has taken over all marketing activities for Rajićeva Shopping Center in Belgrade, from BTL to PR and digital.

Slovenia’s newest shopping centre, Aleja, which is being built in the Šiška district of Ljubljana, will open next year. Developer and operator SES Spar European Shopping Centers is investing a total amount of approximately €150 million in the project.

DBK, a Czech retail specialist, has acquired a majority share in Europark – Štěrboholy, a shopping centre in Prague 10 from Austrian developer, SES Spar European Centers.

Bluehouse completed the acquisition of Novodvorska Plaza shopping centre in Prague. CBRE represented the buyer in the off-market acquisition of the 25,000 sqm shopping centre.

Construction works have started on the extension of the Colosseum commercial centre in the northwestern part of Bucharest. Colosseum Mall represents the most important retail development in Bucharest during the last three years, a period during which the purchasing power per capita at the city level increased by almost 20%.

Galeria Bronowice, managed by Ceetrus Poland, received the BREEAM-In-Use Certificate with the highest “Excellent” rating. The document confirms that the facility in Kraków is an environmentally-friendly building operating in accordance with the principles of sustainable development. Galeria Bronowice received this distinction in two categories, for building management and for the building itself.

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.

Portuguese group Sonae Sierra announced that it purchased the 50% stake held by its former Joint Venture partner Caelum Development in Bucharest’s ParkLake shopping centre with the intention of consolidating its presence in Romania.

MAS Real Estate, through a subsidiary, has acquired the Atrium Mall Shopping Centre in Arad, Romania from Cosmovia Holdings Limited, a member of the Demján Group based in Hungary.

Futureal Group has exited its €19 million mezzanine financing provided to Caelum Development for the development of ParkLake shopping centre in Bucharest, Romania. The 70,000 sqm GLA project was developed by a joint venture between Sonae Sierra and Caelum Development. Futureal Group will intensify its activity in Romania through its residential investments subsidiary, Cordia. The company has recently announced a €50 million worth of investment plan in Bucharest for the next year, part of a long-term roadmap for the local market. Cordia division plans to deliver about 500 apartments per year, designed for medium and medium high segments.