AFI Europe to build retail park in Arad

AFI Europe to build retail park in Arad

Published at: 2019-01-28 10:24 | Author: CIJ Romania
AFI Europe is scheduled to break ground on a new retail park in Arad in the third quarter of this year. Costs are expected to hit €40m. The project will go up on a 80,000 sqm plot and offer a total of 32,000 sqm of leasable space as well as 1,000 parking spots. The retail park will offer a DIY store as well as a hypermarket. Construction should take between nine months and a year to complete.

Similar Stories:

Warburg- HIH Invest secures new commercial building in Bonn
Warburg-HIH Invest acquired a fully-occupied 1,908 sqm commercial building in the city of  »
Multi Poland to manage 3 Stawy shopping center in Katowice
Union Investment has appointed Multi Poland manager of its 3 Stawy shopping center in Kato  »
Penny Market to expand Romanian network in 2019
Penny Market is planning to open between 20 to 25 new stores across Romania this year. The  »
Czech investors could push for Metro AG management change
The upcoming shareholders meeting for German retail giant Metro AG is shaping up to be a l  »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »
How has ParkLake performed over the last two years? ParkLake has performed increasingly p   »