Mivan, currently developing 10 properties of the Tiago Mall chain around Romania, has EUR 300 million of office plans for Bucharest, where it already owns nine hectares of land. The project is likely to also include residential units.
A logistics project worth EUR 100 million is also planned for north of Bucharest, where the company owns 15 hectares of land.
Mivan will start the two projects in 2008. The company will invest EUR 1 billion in total in its planned projects for Romania.
Mivan is also working on residential development New Town and on Liberty Center mall in Bucharest.