The French real estate group Catinvest announces the completion of a 10,500 square metres extension of ElectroPutere Mall Craiova, delivered through a total investment of 22 million euro. Following the new extension, ElectroPutere Mall reaches a total retail area of approximately 62,000 square metres, positioning it among the top three shopping centres outside Bucharest.
The new extension brings, for the first time to Craiova and Dolj County, two major international anchor tenants – Primark and Half Price, which will open their first stores in the region at ElectroPutere Mall.
In addition to the increase in retail space, the project also includes an expansion of parking capacity. ElectroPutere Parc will offer over 3.150 parking spaces. At the same time, a new customer access point from Decebal Boulevard will be opened, improving accessibility and traffic flows in the area.
With the inauguration of this extension, ElectroPutere Parc now exceeds 110,000 square metres of total retail space, ranking among the top three power retail destinations in Romania.
”This extension represents a strategic step in the evolution of ElectroPutere Parc and reflects our confidence in Craiova’s potential as a regional retail hub. By increasing the retail area, attracting major international anchor tenants and investing in infrastructure and accessibility, we are developing a solid, long-term retail destination. Our goal is to offer consumers a complete and up-to-date shopping experience, while providing our partners with a stable and attractive framework for growth”, said Bertrand Catteau, CEO of Catinvest Group.
The French real estate group Catinvest, which owns and operates ElectroPutere Parc in Craiova, has a diversified portfolio of projects across Romania and Central and Eastern Europe. In Romania, Catinvest owns the Orhideea and Esplanada Pantelimon retail galleries in Bucharest, Tom in Constanța and ElectroPutere Mall, and within ElectroPutere Parc it also operates ElectroPutere Offices and Aparthotel Craiova. At regional level, the group’s portfolio includes projects such as Savoya Park in Budapest and Borska Pole in Plzeň, while in France the group is active in both the residential and commercial sectors. Overall, Catinvest owns and manages over 525,000 square metres of retail space across France and Eastern Europe.