11.9 C
February 25, 2021

New mall in Bucharest

A new shopping facility was officially opened in Bucharest on Thursday – Vulcan Value Centre, developed by the South-African investment fund New Europe Property Investments (NEPI) with an investment of EUR 47 M. Vulcan Value Centre is a retail park with over 50 stores including well-known retailers such as H&M, C&A, Hervis Sports, Noriel Bebe, ANIMAX, LEMS, JYSK, Domo, TAKKO, Deichmann and DM. NEPI’s project is currently 95 per cent leased. Vulcan Value Centre was developed on the platform of the former Vulcan factory in Rahova neighbourhood. The shopping park in the South-West of Bucharest has a built area of 25,750 sq m, approximately 25,000 sq m being retail area and over 1,200 parking spaces.

Related posts

Industrial turnover and orders, up in Q1

Nine O' Clock

Innovation to change the dynamics of the Romanian real estate market: 18 local and international teams competed in Bucharest in the first innovation competition designed for the office segment


IBM: The cloud environment, a catalyst for transforming business models

Nine O' Clock