Image: La Strada Concept
Ticker

La Strada Street Mall Concept has inaugurated La Strada Brașov in Romania

La Strada Street Mall Concept, one of the main strip mall developers active on the local market, has inaugurated La Strada Street Mall Concept Brașov, the second project completed after La Strada Street Mall Concept Popești Leordeni.

After nearly 5 Million Euros investment, La Strada Street Mall Brașov will serve the inhabitants of Avantgarden 3 residential complex located in Brașov Bartolomeu district and those living in the surrounding areas.

The new commercial project from Brașov includes a mix of varied tenants, namely stores, restaurants and a wide range of proximity services.

“The construction stages of La Strada Street Mall Concept Brașov went very well and met our expectations. We are very happy with the mix of tenants we succeeded to add to this very exciting new commercial concept from Brașov. We aim to continue our development business strategy based on proximity retail and to focus on the current projects we have under development.”, said La Strada representatives.

Developed on a plot of 5000 sqm, La Strada Street Mall Concept Brașov comprises 2000 sqm of commercial spaces. La Strada Street Mall Concept Brasov is designed to cover as many needs as possible in the area and to ensure the necessary comfort through its modular configuration and the generous parking places available in front of the main entrances of the shops. In La Strada Street Mall Concept Brasov, the inhabitants living in proximity will find restaurants, pet-shop, flower-shop, grocery stores, beauty salon, pharmacy, medical optics, GSM services, laundry, clothing stores and many more.

The share of local brands is quite significant in the mix of tenants and all the projects developed under La Strada Street Mall Concept brand, pay special attention to the Romanian merchants. Among the main tenants hosted by La Strada Street Mall Concept Brașov are Pizza Hut Delivery, Pepco, Broaster Chicken, Prăvălia Mare, Pui pi’ Jar, Bucuria, Farmacom, Sempre Flowers, Apollo Beauty Salon and Las Vegas.

The next three strip mall projects developed by La Strada Street Mall Concept are scheduled to be launched in 2019 and at the beginning of 2020. Two of them are located in Militari Residence, a high-density residential area from Bucharest and the third one in Bragadiru,

The first project of the developer was inaugurated at the end of 2016 in Popesti Leordeni, a suburb located near Bucharest with more than 38,000 inhabitants. The occupancy rate in Popesti Leordeni is now 100%.

With La Strada Street Mall Concept, the tenants can benefit from a new concept, modular spaces, as well as lower rental costs.

 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

JSE-listed EPP outperforms in 2018

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

CEO Wereldhave Dirk Anbeek to step down

The Supervisory Board of Wereldhave NV announces that Dirk Anbeek, CEO of the Company, will leave Wereldhave after ten years per April 1, 2019, having accepted a position elsewhere, outside the real estate sector.

Good momentum for the new business year

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.

Kintyre appoints Guido Beddig to senior management team

Kintyre, the Frankfurt based investor and real estate manager, has announced the appointment of Guido Beddig (50), a well-known and experienced asset and property manager, to its senior management team.

BNP Paribas Real Estate and the company EHL Immobilien GmbH signed an alliance contract in Austria

BNP Paribas Real Estate has strengthened its European presence by signing an alliance contract, regarding Advisory services (Transaction, Consulting, Valuation) and Property Management, with the Austrian real estate company EHL IMMOBILIEN GmbH, headquartered in Vienna. Founded in 1991 and managed by Michael Ehlmaier, EHL IMMOBILIEN GmbH employs 193 people, based mainly in Vienna.

SIGNA ACQUIRES GÄNSEMARKTPASSAGE IN HAMBURG

SIGNA has acquired Gänsemarktpassage in Hamburg from MEAG, the asset manager of Munich Re and ERGO.