ParkLake, the EUR 180 million shopping mall developed by Sonae Sierra and Caelum Development in Bucharest’s District 3, has just signed a contract with Carrefour Romania for the ownership and operation of a 12,000 hypermarket on its grounds.
ParkLake will cover some 70,000 sqm (GLA) and it will open in 2016. It will feature some 200 stores and about 65 percent of its surface has been pre-leased, according to company representatives.
“Construction is making progress, we are finished with the groundwork and now the structure works will begin – we are on target for our scheduled opening in 2016” said David Sharkey, the CEO of Caelum Development.
Bucharest’s ParkLake Plaza to attract more than 12 mln visitors when completed in 2016