NEPI Rockcastle will start construction of two new residential projects next year and analyze the construction of a hotel as part of the expansion of Promenada Mall in Bucharest. “We are in the process of authorization for the next two projects, one in Brașov, with 300 apartments, and one in Craiova, next to the existing mall, which will have 136 apartments. Next year we will start construction,” said Adrian Boca, Project Manager Development at NEPI Rockcastle. NEPI Rockcastle is working on the expansion of Promenada Mall, a EUR 282 million investment that will bring an additional 55,400 sqm of rentable space. The retail area will have 32,000 sqm, and for almost half of the area intended for office space, the developer is analyzing the construction of a hotel. The developer will decide next spring whether or not to choose the option of building a hotel, which could have about 200 rooms. Source: economica.net