shopping mall

The major development by NEPI Rockcastle, one of Europe’s industry leaders, is currently the CEE region’s largest retail project. The extension is underway and on schedule with an investmnet budget of approximately €300M and a grand opening planned for the first quarter of 2027.

Futureal, the owner of the Etele Plaza shopping and entertainment centre, has agreed with a consortium of three banks to refinance its existing loans and provide a new credit facility. The pan-European property developer has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary Zrt., Erste Group Bank AG and UniCredit Bank Hungary Zrt.

Northern Ireland-based Lynas Food Outlet will open its doors in late Autumn, with works due to start middle of May 2022 to restructure part of the mall to facilitate the large 790 sq m store.

On March 24, Colosseum Mall in Bucharest officially opens to the general public with the new building and assigned commercial spaces, marking the completion of this retail development.