shopping centres
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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 Romanians are expected in stores on April 24.
Oasis has 80m-euro budget for shopping centres in Oradea and another five cities
Businessmen Klaus Reisenauer and Kurt Wagner, shareholders of real estate developer Oasis Development, have an investment budget of around 80m euros for this year to build a mall in Oradea a...
Top mall owners hold 100 hectares of retail space together
The top ten owners of shopping centres in Romania hold 940,000 square metres in lettable area, that is almost 100 hectares of malls, in which they invested about 2 billion euros, with more t...
Unirea Shopping Center sees profit down 18% in Q1
Unirea Shopping Center, which manages two shopping centres by the same name in Bucharest and Brasov, ended the first three months with a 3.5 million-RON profit, down 18.4% compared with that...
A new record year in retail: 17 new shopping centres and 6 finished expansions
Whilst last year the number of opened shopping centres equalled the one of traded projects, in 2008, though the number of new centres doubled, only three deals were done on this segment, in...
Multibrand stores boost Elmec turnover
Elmec Romania, the distributor of Nike brand domestically, expects to reach turnover worth around 50 million euros this year, up 18% year-on-year, mainly driven by ongoing market growth, whi...