Scallier’s retail park in Focsani (a town of 100,000 people around 190 km from Bucharest). Credit: Scallier
Ticker

Scallier’s Focșani retail park opens on November 11

The center is to comprise 5,000 sq m GLA, of which 100% has already been leased, and is Scallier’s second retail park to open in Romania after Roșiorii de Vede (6 200 sqm GLA) opened in September.

The park is located near an existing large-format grocery shop and features stores by well-known international chains but also local entrepreneurs. The tenants’ list includes such names as Sinsay, Pepco, KiK, Kids Outlet, Animax, Xpress and Hervis as well as the Dabo Doner and Bun de Tot restaurants. 

The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites near existing large-format grocery shops. In tandem, they create an attractive destination: for daily grocery shopping, well-known clothing and electronics brands, food court offer, or even a playground for children.” – says Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market. 

“It is worth mentioning that more than 30% of modern retail space is in Bucharest.” – notices Adrian Aleman, Development Director in Scallier. “Residents of smaller towns must often travel for several hours in pursuit of well-known fashion brands. This means not only a waste of time and money but also disorganization of the day. The problem was noticed by retail chains, which turn to us when looking for space in non-central Romanian locations.”

Construction of other retail parks has already been commenced. They will be delivered to the market in 2022.

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

Ticker MORE

Frasers Group and H&M announce flagship stores at Clerys Quarter

Flannels and H&M have committed to opening their Irish flagship stores at Clerys Quarter. The development is due to open in Q4 2022, with an extensive food and beverage offering to complement retail units and Grade A offices.

Altera sells Utrecht retail park to abrdn

Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.

Westland welcomes Peek & Cloppenburg back to Belgian market

The German company Peek & Cloppenburg, with its headquarter in Düsseldorf, moves into the new Westland Shopping Center in Anderlecht, Belgium.

Neinver’s entire Polish portfolio receives BREEAM certification

Neinver has obtained a BREEAM In-Use certification for Factory Gliwice–the latest of its outlets to open in Poland–and with this, its entire Polish portfolio is now officially certified.

Anne-Kathrin Velten appointed as new editor in chief of ACROSS Magazine

The ACROSS Magazine welcomes business editor Anne-Kathrin Velten as its new editor in chief.