The expanded Iulius Mall Suceava has opened, after EUR 40 mln investment
Companies IULIUS and Atterbury Europe have completed the expansion process for Iulius Mall Suceava, thus consolidating its regional leader position for retail and entertainment. Iulius Mall Suceava features 60,000 sqm of retail premises, and the new retail area premieres the latest store concepts by Lefties, Stradivarius, HalfPrice, Reserved, Mohito, House and Cropp, food & beverage locations, green premises, and 2,400 parking spaces. The mall is now a greener destination, thanks to newly created landscaped areas with mature trees, an investment worth 1.85 million euros.
By launching the new concept, Iulius Mall Suceava is introducing brand new retail features on an area spanning 16,500 sqm. The transformation entailed both creating additional spaces and reconfiguring and redesigning some of the existing premises. IULIUS and Atterbury Europe have invested 40 million Euro into this expansion project, raising the total amount invested in Suceava up to 110 million Euro.
“We are delighted today to welcome the public, who have been with us since 2008, in an expanded and upgraded version of Iulius Mall, adapted to the latest leisure trends. Through this transformation, we wanted to provide visitors in the region with new experiences and access to acclaimed brands that were not previously present on the local market. The expansion also reflects the retailers’ growing interest in joining a shopping destination with consistent performances – in 2024 alone, the mall’s sales increased by 8% and a footfall of 7.5 million visitors. We have brought in new international fashion brands, as well as useful services. Another surprise that is sure to be a crowd-pleaser is the green area, landscaped with numerous species of trees and shrubs, providing the ideal space for relaxation and events dedicated to all age groups,” said Eduard Marcu, Shopping Center Manager Iulius Mall Suceava.
“Yet another “landmark” project has been delivered by the joint venture between Atterbury Europe, and the Iulius Group and the quality and level of detail speak for itself. We are proud to be part of this exciting milestone and are delighted to present the community of Suceava with the newly expanded Iulius Mall Suceava, delivered through an upgrade and expansion process that was done under challenging conditions. The integration of new tenant brands, expansion of existing shops, worldclass green areas, easy access and newly created convenient parking spaces will reinforce Iulius Mall Suceava as the “place to be”. We thank our loyal existing tenants for their patience during the expansion, and we welcome our new tenants to the best retail and entertainment destination in Suceava County”, says Roux Gerber, Head of Developments for Atterbury Europe.
