BUSINESS

Works for ParkLake, stared

Sonae Sierra, the international shopping centre specialist, and Caelum Development, leading Eastern European Real Estate developer, just started the works for the new shopping centre ParkLake, located in Sector 3, in the eastern side of Bucharest, according to a press release. The shopping centre represents an investment of EUR 180 M and the opening is scheduled for 2016. ParkLake will offer high quality retail in 70,000 m2 GLA with around 200 shops and 2,600 spaces of underground car parking.

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