Bucharest’s ParkLake shopping mall reaches 70 pct occupancy rate

Newsroom 19/01/2015 | 15:51

ParkLake, the 70,000 sqm shopping mall developed by Sonae Sierra and Caelum Development in Bucharest’s District 3, has signed “and/or committed” some 70 percent of this GLA, according to the developer.

The most recently signed tenants are Zara, Bershka, Massimo Dutti, Stradivarius, Pull&Bear, Zara Home and Oysho – all of them belonging to the Spanish fashion retailer Inditex Group – H&M, Koton, Maxitoys, and Maxbet.

The EUR 180 million ParkLake shopping mall located in the Titan neighborhood in Bucharest should be completed in 2016. “Construction is under way with structural works ongoing; the opening is set for 2016,” according to Sonae Sierra representatives.