about us | newsletter | contact | archive | members area
Octavian Badescu, Sameday Courier
I believe that PrioriPost and private courier business will reach 300 million Euro next »
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Palas Mall in Iasi opens today, as the largest private investment in Eastern Romania

2012-05-31 11:06:38

Palas Iasi, the most recent project and largest, worth EUR 260 million, of the group managed by Romanian businessman Iulian Dascalu, opens its gates today, with its location facing the Palace of Culture in Iasi.  The shopping and leisure compound delivers a rentable area of 47,500 sqm  and has 132 shops, a 1,300- places food court, cinema complex  Village Cinemas  with 10 halls including a Vmax. The complex comprises also Palas Shopping Street, with 6,600 sqm, hosting national and international high awareness brands. Also, Iulian Dascalu, has invested EUR 2.5 million in the public garden Palas. The retail anchor of the complex is Auchan. According to the developerís statement, Palas projects states a first in Eastern Romania, as the largest amount invested in a private project .  Also, the shopping and entertainment compound hosts the first franchise opened by the Italian coffee shop chain C House. Besides the commercial  and leisure spaces, the project also comprises office and residential buildings to be developed within this multifunctional project. 



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1707 Views
Daily Info
Carmen Neagu, Transelectrica: The volume of distributed energy increased by 1 per cent at three months

The volume of distributed energy increased by 1 per cent at three months, according to Carmen Neagu, Supervisory Board Member, Transelectrica.

Belgian bpost, the sole bidder for Posta Romana

Belgian operator of mailing services bpost was the sole company to have submitted offer to acquire the 51 per cent share stock of Romanian National Post office, Posta Romana. ...

European funds: 25 million Euro available in healthcare

The Ministry for European Funds (MFE) announced this week the call for projects through the management authority of the operational programme economic competitiveness, priorit...

DTZ: Logistics and industrial area stock reaches 1.8 million sqm in H1

The modern stock of logistic and industrial areas reached 1.8 million sqm at the end of the first semester, 2014, about 53 per cent of these areas (950,000 sqm) being in Bucha...

GE software to increase power output at Monsson wind farms in Romania

General electric announced European wind farm operators ENERTRAG AG and Monsson Group have selected GE Wind PowerUP services for wind farms in Germany and Romania. PowerUp ser...

 
 
   
advertising

advertising

advertising

advertising

More on News
Klaus Iohannis is Liberals' choice for presidency

The liberal head Klaus Iohannis has been elected the party′s candidate for the presidential elections to be held in November in Romania, as announced by the former leader...

Operational Leasing market to register double-digit growth in H1

The Operational leasing market recorded an increase of 12.3 per cent at the end of Q2 over the same period last year, reaching 45,000 units. Moreover, the market is expecte...

ExxonMobil and OMV Petrom to start drilling in the Black Sea

In early July, the American- based company ExxonMobil Exploration and Production in Romania and OMV Petrom, part of the Austrian OMV Petrom group, jointly announced the beg...

A contract over 18 million Euro for building a part of Brasov ring road has been assigned

Romanian National Company of Motorways and National Roads (CNADNR) assigned a contract worth 18 million Euro (80 million RON) for the construction of 4.9 km of Brasov's rin...

Perry Zizzi

Perry Zizzi, with 19 years of experience practicing law in the US, Latin America, Western Europe and the emerging markets of Central and Eastern Europe rejoined law firm De...

Eco-Rom Ambalaje recycled 2.6 million tonnes of packaging waste in the past decade

Eco-Rom Ambalaje, one of the most important organizations specialised in the assumption of packaging recycling and recovery obligations from economic agents, recycled aroun...

Romanian farmers need to integrate further within the value chain

Given the fact that in the coming 20 years the global demand for food will grow by 70 per cent, Romania can play an important role in providing the necessary supply, Reinde...