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Mall that glitters is not gold

Over EUR 1.5 billion is set to be spent on eight malls and commercial center projects in Bucharest alone, with deliveries estimated mostly for 2012 and 2013

May 2012 - From the Print Edition

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The capital is home to one third of Romania’s overall current stock of shopping centers. Managers and CEOs of the main mall projects and shopping center developments in Romania gave The Diplomat – Bucharest their views on whether there is any more room for such projects on the market, and if so where, of what size and under what market conditions.
For those taking an evening walk towards IOR Park in Titan, eastern Bucharest, the peaceful atmosphere may become less so in the near future, as...

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