malls
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Banks worried about 850 million euros lent for malls in Bucharest
Eight banks have granted 850 million euros in financing for the malls in Bucharest over the last four years. Sun Plaza, the latest such project, is a bet of the Austrians at Erste and Vienna...
How Romania became a country of malls in three years
Romania has been the most important investment target in the region for real estate developers in the past three years, which opened 33 new shopping centres on the market, in the wake of inv...
December in malls: more people, less shopping
The market of shopping centres in Bucharest, which attracted investments of more than 500 million euros in the opening of the Cotroceni Park and Grand Arena malls and of the MIlitari Shoppin...
Unirea's path from flagship store in communist days to rival of malls
In 1987, Unirea's clients were buying footwear “under the counter”.
The impact of Cotroceni Park over the other malls in Bucharest
With business forecast at 200-300 million euros a year, the Cotroceni Park project could attract a significant part of the shoppers who are now going to Plaza, Militari Shopping or even Libe...
ING Real Estate: Nobody forced retailers to sign long-term contracts in malls
Owners of the Felicia Shopping Center in Iasi say the obligation of shopping centre developers is to attract visitors, while tenants are supposed to “get the money” out of their pockets.
Biggest rent cuts in malls: Zero rent in Grand Arena and Galleria Piatra Neamt
Most shopping centre owners have offered discounts to clients in order to keep them in the mall, help them get through this time of weak sales, as well as to keep their own businesses afloat...
Change needed for most malls to become attractive to customers
Dark alleyways, packed-out spaces with dead corners and a few stray visitors.
TriGranit: One can no longer lease malls that are only on paper
Real estate developer TriGranit, controlled by Sandor Demjan, Hungary's richest businessman, says one can no longer seal transactions for projects that are only on paper, because there is a...