NEPI is preparing to invest €6m into the refurbishment and renovation of the Aurora mall in Buzau
NEPI also bought an Alba-Iulia project from the Romanian developer, along with the Aurora mall, in a deal to the value of €10m.
The Buzau mall is placed in an excellent location, within an area with around 430000 people and is only 45 minutes away by car. It is the largest commercial retail center in the town with New Yorker, Deichmann, Carrefour and Altex forming part of its tenant list.
The weak layout of the center and its under-performing tenant mix is prompting the renovation and reconfiguration of the mall at a cost of €6m.
The Buzau mall was constructed and opened during 2008, after €25m was invested. It offers a gross leasing area of 17900m².
The main commercial center in Alba Iulia is situated between the Profi and Kaufland hypermarkets, with 137000 residents in the area. The current tenants include Takko, Lems, dm, Deichmann and Altex.
New York City opened its renovated Tiffany & Co. flagship store at East 57th Street and Fifth Avenue in Manhattan.
From Riyadh and Bangkok to Shanghai, the US, and Europe, these flagship retail projects demonstrate how scale, design, and urban…
In 2025, retail expansion stopped being about square meters and started being about intent. Across luxury, athleisure and digital-native brands,…
Central Pattana unveils The Central, a new US$575m mall in Bangkok’s fast-growing northern district with a planned opening in late…
Singles’ Day 2025 breaks new global records with $150B+ in sales. Discover the top categories, data insights, and retail trends…
MixC Shenzhen Bay opens in Shenzhen’s Nanshan district, blending luxury retail, art, and lifestyle into one destination, redefining the Asian…