New shopping center for Bucharest

New Europe Property Investments, a real estate fund based in South Africa, is planning to open the new Mega Mall shopping center on April 23 in Bucharest.

The
mall offers a leasable area of 72000m² and this makes it the largest
center within the city.

NEPI,
along with Real4You, its Austrian partner, have invested €165m in
this new center. The mall will offer visitors 200 stores, including
large brands such as Zara, Marks & Spencer, LC Waikiki, Bershka,
Tom Tailor, Musette, Tommy Hilfiger and H&M. It will also
include a super entertainment area containing a World Class fitness
center, Cinema City multiplex, as well as a play area for children.
There is due to be a 10000m² food court, with a range of
restaurants, such as KFC, Salad Box, Subway and Pizza Hut. There
will be sufficient parking for visitors, with 3000 parking spots on
the premises.

The
center is situated close to the National Arena and has been completed
in an extremely short period of time, since its foundations were only
laid during February 2014.

NEPI
holds several properties in its Romanian portfolio, including City
Park Constanta, Promenada Mall Bucharest, Shopping City Targu Jiu and
Braila Mall, along with a range of office complexes located in
Cluj-Napoca and Bucharest.