about us | newsletter | contact | archive | members area
Viorel Leca, Gebruder Weiss
Ukraine's context negatively influences the international transport to the Commonwealth »
  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  |  1738 Views
Daily Info
Pitesti gets new buses with EBRD money

The European Bank for Reconstruction and Development (EBRD) is helping to modernise public transport in the Romanian city of Pitesti with a RON 58.5 million loan (13 million E...

Regina Maria Foundation raises 65.000 euro for a social policlinic

The recently held gala From Heart to the Futureorganized for the second year by Regina Maria Foundation raised funds worth 65.000 Euro that it would be used to extend the proj...

NEPI puts 6 million Euro in refurbishing Aurora mall in Buzau

The South-African fund NEPI would secure 6 million Euro for modernizing the Aurora Shopping Mall in Buzau, acquired by the fund from former owner, Romanian businessman Dan Ost...

Ikea shop in Bucharest posts sales of 106 million Euro

The Bucharest-based shop of Swedish retailer Ikea announced it achieved sales of 106 million Euro between September 2013 and August 2014, a 6.45 per cent increase compared to ...

World Bank: 5 out of the 6 indicators of the Worldwide Governance Indicators for Romania growing in 2013 against 2012

Five out of six indicators in the composition of the Worldwide Governance Indicators for Romania, calculated by the World Bank, are growing in 2013 against 2012, according to ...

 
 
   
advertising

advertising

advertising

More on News
Chamber of Deputies president: Euro-Atlantic community should rethink its Eastern neighbourhood strategy

Chamber of Deputies president Valeriu Zgonea, upon a visit paid to Washington in September to attend the Parliamentary Intelligence - Security Forum, considers that the Str...

EIB to grant a 100-million Euro loan to CEC Bank

The European Investment Bank (EIB) granted in early September a loan of 100 million Euro (over 440 million RON) to the Romanian CEC Bank for co-financing projects of SMEs, ...

EU to grant an 11 million Euro financial support for the Moldavian Energy sector

In early September, the European Union (EU) announced that this year it will provide a financial support of 11.6 million Euro to reform the Moldavian energy sector, and nex...

OMV Petrom invested 600 million Euros in Petrobrazi refinery

OMV Petrom, part of the Austrian OMV Petrom group, has completed the modernization program of its Petrobrazi refinery near Ploiesti, conducted in the period 2010-2014

ELSYS waste application to be presented in Budapest

Attila Korodi, Ministry delegate of Environment and Climate Change, presented at the bilateral meeting on environmental issues and rural development in Budapest the Romania...

Greek Octagon has four infrastructure projects in Romania worth over three million Euro

Greek construction firm Octagon Contracting & Engineering announced it is working this year on four new road infrastructure projects totalling over three million Euro in Ro...

The construction of Veranda mall of 60 million Euro has started

Prodplast Imobiliare starts the construction works for the Veranda complex in the Bucharest-based Obor area, which will be the first green and proximity mall in Bucharest, ...