MASTERBUILD completes construction of Pitești Shopping Park

MASTERBUILD General Contractor & Developer has completed construction on a new shopping center in Pitești, developed by Square 7 Properties in collaboration with the Belgian investment fund Mitiska REIM. Situated in the northern area of Pitești, the new Pitești Shopping Park offers 24,000 sqm of leasable space.

The project is divided into two main zones: a DIY and construction section and a retail gallery. The DIY and construction section hosts Leroy Merlin’s first store in Pitești, a space of over 9,782 sqm, offering a wide range of products and services for renovation and home improvement projects. The retail gallery covers more than 6,648 sqm and includes notable brands like Tedi, Takko Fashion, Dr. Max, Fressnapf, Sinsay, Xpress, Pepco, and a food court area, with Burger King as the main tenant.

“We are thrilled to collaborate with the professional team at Square 7, who bring valuable retail development experience and share our vision of creating sustainable, high-quality retail spaces that are more than just new shopping destinations. They bring genuine added value to the community and transform into vibrant hubs that integrate seamlessly into city life,” said Ștefan Ferdinand Vayna, CEO of MASTERBUILD General Contractor & Property Developer.

The project investment totals over EUR 19 million.