Colosseum Centre has secured 23 million Euro funding to develop the shopping mall

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Colosseum Centre has secured 23 million Euro funding to develop the shopping mall

Published on

July 19, 2019

Colosseum Centre, located in North-West Bucharest, has secured with Credit Europe Bank the funding required to develop the current stage of expansion, that is the shopping mall, with fashion, leisure and food brands. JLL Romania has advised the developer in obtaining the funding.

The loan from Credit Europe Bank worth 23 Million Euro, while the total investment in the shopping mall will reach 30 Million Euro.

“Our project enters now the final straight to completion. We are glad to have beside us partners such us Credit Europe Bank and JLL Romania, which allows the fulfillment of our business goals”, said Mihai Dinu, General Manager of Colosseum Mall.

As a result of the current expansion, Colosseum centre will have in total 54,500 sqm GLA of retail space, becoming the largest in North-West Bucharest and second largest retail scheme in the 1st Sector.

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