BelRom opens first stage of Focsani retail park with Carrefour unit

Newsroom 22/09/2008 | 16:00

The project covers some 124,000 sqm in total and includes a Carrefour, a Media Galaxy unit, a Bricostore, Cinema City, Staer and Promenada Mall shopping galleria. The Media Galaxy unit and part of the Promenada Mall will be opened in December this year, when the second stage of the project should be completed.
Flemish BelRom announced it would build ten such retail parks across Romania. The company has previously opened similar projects in Sibiu, Targu Mures and Braila. The first two have already been sold to institutional investors. The Carrefour unit in the retail park covers some 8,000 sqm and required a EUR 20 million cash injection. It is the 16th unit in Carrefour's Romanian chain, and the 10th outside the capital.
Earlier this year, BelRom representatives said the company was planning to go for smaller retail units in provincial cities, to build a 40-unit chain which should require EUR 800 million in investment. BelRom is also planning to get involved in the residential sector, and intends to develop a 1,500-unit residential project in northern Bucharest.
Corina Saceanu

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue