Mobexpert spends 15m euros on mall

Mobexpert group is developing its retail policy this year, eyeing the home design segment, after investments in furniture hypermarkets over recent years, said Dan Viorel Sucu, chairman of the group. The first project of this type will be developed by Domus Mex, the real estate company belonging to Mobexpert group, in Baneasa commercial complex, whose construction will be started this year. Domus Mex will invest 15m euros in a home design mall with a total area of 23,000 sqm within Baneasa complex. The space will be rented out both to Mobexpert store, and to another 7 or 8 furniture and decorations retailers outside the group. Over the recent years, Domus Mex has invested more than 30m euros in three hypermarkets in Bucharest whose area is exclusively rented by Mobexpert store. “Starting this year, all Domus Mex projects will be home design malls, where the main anchor will be Mobexpert store, which will no longer have an exclusive rights, though”, said Sucu. ZF