BR Exclusive: NEPI Rockastle to open Festival Shopping Sibiu in the last quarter of 2019

Newsroom 18/01/2019 | 07:52

NEPI Rockcastle will deliver Festival Shopping Center Sibiu in the fourth quarter of this year. The EUR 100 million investment will have 135 stores and a 42,200 sqm leasable area.

The South African firm acquired the land and the project in February 2018, from Primavera Development, a company owned by the Tanasoiu family, for EUR 21 million.

The new mall will have a leasable area of ​​42,200 square meters and be built near the railway station in Sibiu.

Among the tenants are CineGold, Inditex (Zara, Bershka, Massimo Dutti, Oysho, Pull & Bear, Stradivarius), H&M, New Yorker and Kaufland, all of whom are already confirmed.

Festival Sibiu will also have an 8-screen CineGold cinema as well as 1,800 parking spaces.

NEPI Rockastle will also deliver this year the 9,600 sqm extension of Shopping City Sibiu, a mall bought in 2016 from Argo. The mall has a leasable area of ​​79,100 square meters and is currently the only one in the city.

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