Unirea Shopping Center will have direct link to the underground station

The workings to link Unirea Shopping Center to the underground station nearby started this week and they are estimated to last five month, according to Metrorex release.

2015-01-22 13:11:28

The working plans have been established since 2012. In April last year, Unirea Shopping Center announded it planned to fetch EUR 70 million loan for investments, including a loan worth EUR 70 million to be used for investments. Part of investments included development of access to link the commercial centers to the main transportation routes, the subway in Bucharest and the railway station in Brasov. Also, the company shareholders think of expanding the entertainment areas of the two commercial centers.

For Unirea Shopping Center in Bucharest, the plans also involved refurbishment of a space of 1.200 sqm for renting to companies such as MAC, Wolford or Tchibo and negotiations with Inditex for new leasing contracts. Also, H&M started the design to their new shop expansion at the send level of the commercial center in Bucharest.

In 2013, Unirea Unirea Shopping Center achieved a turnover of EUR 17 million, 8 percent down compared to 2012, and a net profit down by 51 percent to near EUR 638.000. The company is owned by Romanian Dan and Carmen Adamescu by 74.16 percent shares, through The Nova Group Investments Romania with the rest being owned by SIF Muntenia (SIF4), cu 10 percent, while 15,8 percent of the capital is owned by other investors.