malls
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Sales up for more than 50% of stores in large malls
Bucharest shopping centres boasting the biggest sales in 2010 were Cotroceni Park, Băneasa Shopping City and București Mall, of Vitan, according to a survey conducted by Colliers International real estate consultancy among over 100 retailers that operate at le...
Romania, store owners' heaven: malls are open on the first Easter day
Romania is turning into store networks' heaven as shopping centres are open on the first Easter day as well in a bid to fatten their revenues by several hundred thousand euros. Thousands of...
Dascălu collects 41.2m euros from four malls
Businessman Iulian Dascălu, 41, owner of Iulius Mall shopping centre chain, last year posted 41.2 million-euro revenues from renting out the malls held in Cluj, Timișoara, Suceava and Iași,...
Three months after entering insolvency, Staer lays off 120 people and closes large stores in malls
Staer Internațional furniture company, which in December entered insolvency at shareholders' request, closed several stores it operated in shopping centres and opened new ones in street fron...
How many of the 28 malls announced stand a chance of completion within three years
Only 12 malls and retail parks have real chances of being finalised over the next three years, out of a list of 28 projects started or announced in the past year, reveals a ZF analysis based...
Cora invests in malls when real estate developers are coping with insolvencies
Cora French retailer, present domestically with five hypermarkets, will enter the mall segment by launching Corall project of Constanța in the second half of 2012, in the wake of 100m-euro i...
Constanta, the city with the most tourists, braces for five malls
Constanta could become Romania's second busiest city on the shopping segment after Suceava, with two new malls in the process of being built - Maritimo and Cora -, which will bring investmen...
Gallon, GTC: Unless we find a solution for people to start buying, the market collapses
Shimon Galon, the head of GTC Romania real estate developer, says the retail market is going to collapse unless the Government takes steps to make consumers start buying again, considering d...
Romania remains country of malls: More money goes into retail than into production
Real estate investors have completed or are set to complete malls worth over 400 million euros by the end of the year, the lowest volume of investments recorded on this market in the last fo...