Bricostore sees RED for space in Armonia Satu Mare project

Newsroom 21/04/2009 | 15:40

Carrefour has previously signed leasing contracts for three other projects by RED, in Constanta, Braila and Arad. With its investment in the new site, Bricostore has consolidated its existing 13-unit chain in Romania and is developing three new locations to be opened in H2 2009, according to the company's representatives.
Armonia Satu Mare covers 163,530 sqm and has 1,625 parking spaces. The retail park's current area will be expanded by 12,000sqm.
So far, RED, controlled by the American investment fund Warburg Pincus and Spanish Ged Group, has invested EUR 700 million in developing commercial centers and retail parks in Romania. Locally, RED development is managed by businessmen Teodor Pop and Andrew Stear.
Magda Purice

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 business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    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