Cora goes for the first time to a provincial mall, in Baia Mare

Cora hypermarket chain, held by Franco-Belgian group Louis Delhaize, has signed a rental contract for an around 8,000 square-metre area in the Gold Plaza mall in Baia Mare, at a time when developers have a hard time finding tenants for shopping centres. “We signed the contract with Cora for 10 years a week ago with the option to extend it up to 30. Cora will take up about 8,000 square metres with its hypermarket on the ground floor of the mall, where there will be other stores, too,” Eran Socher, managing director of Futureal, developer of the Gold Plaza mall, whose opening is set for the autumn of next year, told ZF. Cora is the best-performing retailer on the Romanian market, with over 130 million-euros sales per store, after in 2008, with three stores, two in Bucharest and one in Cluj, it posted 399 million euros in revenues.