Find in the news:
BY COUNTRY

Signs of recovery as insolvent Romanian shopping center signs three new anchor tenants



A local shopping center, Hello Shopping Park in Bacau, Romania, has signed three new anchor tenants, which will increase its occupancy rate to 88%.

Hello Mall.jpg

The home decorations and furniture retailer from Denmark, JYSK, will open a store in the retail park, measuring 1000m². The other two new tenants, San Francisco outlet, a clothing store, and Stock House, a decorations store, will cover a space of 3500m².

The center lost some of its tenants over the past few years due to the economic crisis, but is showing some signs of recovery.  The shopping park covers an overall area of 105000m², offers a shopping space of 45000m², of which 13000m² is taken up by the retailer, Auchan.

Some of the other tenants in the center include fashion retailer C&A, electro-IT retailer Altex, furniture retailer Elvila, carpet store Progres and DIY retailer BauMax.  It offers visitors 1400 parking spaces.

The center boasts 3.8m annual visitors.  Its current managers are Resolute Lar Romania, a company that specializes in the management of distressed real estate assets.

Hello Shopping Park was first opened during 2008, after a €60m investment.  It was declared insolvent during July 2013, as it was unable to repay the loans it was liable for.  During 2013, the owner of the center, Bel Rom Cinci, reported a turnover of €3.56m, with losses of €1.1m.  Financial data released by the Finance Ministry indicated that the company had a debt balance of €47m as at the end of 2013.




YESTERDAY, USA:
The company's goal is to open new stores, renovate existing ones, and develop online retailing.
YESTERDAY, USA:
Despite the gradual emergence from the lockdown, shopping malls continue to face significant challenges.
DAY BEFORE YESTERDAY, USA:
It plans to open about 40 such mini-stores in an area of about 50 square feet, which will sell the brand's goods.
DAY BEFORE YESTERDAY, USA:
The last of the closed Apple Stores in the U.S. was reopened the other day - it is located in Texas.
Mar 1, 2021, USA:
Filling your cart with items and leaving the site without making a purchase has become the post-pandemic equivalent of window gazing for young shoppers.
Feb 26, 2021, USA:
It will be the most significant expansion in Sephora's history, demonstrating its confidence in the retailer's future.
Friend
and Follow
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us