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Hypermarkets give malls a boost, but for some projects the support is not enough

For most mall developers, this year's main concern was to attract a hypermarket among tenants, a prerequisite at present for a possible opening. For some projects, though, this is not enough...

Radu Racu · 04.10.2010 · 23:50 · 1 min
ZF English

Ideal start for malls: 80% occupancy rate

After shopping centre projects froze in 2009, investors are now starting to analyse the market again, with around 6 mall projects to be delivered starting next year, according to real estate...

Cristina Stoian · 30.09.2010 · 00:01 · 1 min
ZF English

The four aces that left real estate after managing 2bn euros' worth of malls and offices

Four of the savviest execs in Romanian real estate, Reuven Havar, Michael Lloyd, Alexander Hergan and, last week, Ibrahim Paksoy, this year gave up their positions at the helm of some of the...

Cristi Moga · 15.08.2010 · 23:03 · 1 min
ZF English

Benvenuti: Sales suffer in Bucharest because of large number of malls

Oradea-based footwear and leather products retailer Benvenuti calculated a 25% lower average till receipt (in RON) in the first half of this year compared with the similar period of 2008.

Cristina Stoian · 04.08.2010 · 23:07 · 1 min
ZF English

Real estate investment dearth: 6 large sites in Bucharest, a single mall in the country

The large real estate projects underway were started at least two years ago. Meanwhile, no investor has bet tens of million euros on housing or mall projects.

Cristi Moga · 04.08.2010 · 23:05 · 1 min
ZF English

Suceava malls fight over strawberry pickers' money

Along the corridors of Suceava malls you tend to meet more security personnel than visitors, except on the days when locals who return from work in Italy and Spain (where many of them are em...

Adelina Mihai · 22.07.2010 · 21:35 · 1 min
ZF English

Best malls in Bucharest: Cotroceni Park, Baneasa Shopping City and Bucuresti Mall

Eight of the most important consultants on the shopping centre market have drawn up the ranking of the best malls of Bucharest for Business Construct. Cotroceni Park, Baneasa Shopping City a...

Cristi Moga · 27.05.2010 · 17:40 · 1 min
ZF English

170 empty spaces in Bucharest malls

Ziarul Financiar has taken a tour of eight Bucharest malls to see how things stand as far as shopping centres are concerned. The conclusions? Bucuresti Mall (Vitan) has the fewest empty spac...

Cristi Moga · 07.04.2010 · 20:12 · 1 min
ZF English

How the owners of the first two malls of Bucharest reacted to the opening of Cotroceni Park and Sun Plaza

Anchor Grup, which developed the first two malls of Bucharest, Bucuresti Mall in 1999 and Plaza Romania in 2004, collected 43m euros from operating the two projects in 2009, up 7% year-on-ye...

Cristi Moga · 25.03.2010 · 17:18 · 1 min