NEPI Rockcastle acquires new photovoltaic project

NEPI Rockcastle is finalizing the acquisition of a new photovoltaic park project, after the one recently purchased from the Monsson group. The company’s plan is to reach photovoltaic parks with a capacity large enough to cover the energy consumption of the 27 malls it has in Romania by 2026.

The investor recently completed the full takeover of the company developing a photovoltaic park project from the Monsson group. The project, already authorized, is designed for an installed power of 50 MW, on a site in the Chișineu-Criș area of Arad county.

By the end of this year, NEPI Rockcastle representatives announced that they will finalize a transaction to acquire a new photovoltaic park project, also already authorized, to be built next year. Although they could not reveal the location of the new project, company representatives mentioned that it will not be in the west of the country, in order to have adequate geographical coverage.

Source: Profit.ro

Auchan opens two new Simply stores

The Simply by Auchan convenience store network reaches the threshold of 10 units opened in the first six months of its launch, with the most recent stores being inaugurated in Pitești and Buzău. The 10 convenience stores operate in both urban and rural areas, and next year the company aims to expand this concept to as many localities as possible.

Most entrepreneurs who operate a Simply by Auchan store today are owners of proximity stores who have chosen to develop their businesses by switching to the Simply by Auchan franchise.

“Expanding the franchise store network is one of our main development objectives for 2025, through which we aim to bring the Auchan difference as close as possible to every Romanian. We welcome the local partners who have chosen to be part of the Auchan community, both experienced specialists in trade and entrepreneurs at the beginning of their journey, we thank them for their trust and assure them that they can count on Auchan for a long-term collaboration based on professionalism, innovation and continuous support,” says Ioana Toșa, Auchan Romania Sales Director.

Supernova opens retail park in Bosnia’s Grude

Austrian privately-owned real estate company Supernova has opened a retail park in Bosnia and Herzegovina’s Grude. Supernova has built the shopping centre in partnership with the local company Viro BH.

The project has a coffee shop, a modern children’s playroom and a large Namex market. There are also well-known brands such as dm and Pepco. The shopping center will also house a post office and a pharmacy. Jysk and Sinsey brand stores will start operating at the beginning of next year. In addition to this shopping center, other facilities will be built at this location.

“This is a large plot of 47 thousand square meters, of which about 15 thousand is the center, along with parking and communications around it. Everything else is intended for residential and public buildings. One residential building has started construction, the other will start very soon,” said Mladen Alpeza, director of the Viro BH company.

Bellemonde and Hype Project, pioneer a groundbreaking collaboration in Romania

Bellemonde and Hype Project, the premium architecture and interior design studio founded by architect Victor Grosu, announce a groundbreaking collaboration for the Romanian market. Clients will have the opportunity to acquire ready-made, turnkey homes featuring bespoke designs. Additionally, Hype Project will design the Society Hub, the core of the Bellemonde community, incorporating top-tier amenities that enhance the value of time spent at home with exceptional design.

Located in Pipera, Bellemonde residential development is designed to offer a complete living experience, featuring expansive common areas and a low housing density. The complex harmoniously blends community living with the intimacy and comfort of low-rise residences (maximum P+2). With a variety of options, from individual houses, duplexes, and townhouses to villas with 2-, 3-, and 4-bedroom apartments, the project caters to those seeking privacy as well as those who appreciate urban convenience.

„Bellemonde stands as a promise of a contemporary lifestyle, emphasizing the importance of interior design as an essential element of modern living. We have chosen to collaborate with Hype Project, a renowned interior design studio that shares our values regarding living spaces and refinement. Their extensive experience in premium design, implementation know-how, and deep understanding of the needs of our target clientele, were decisive factors in our choice.
We support local design and firmly believe that this collaboration will add significant value for future Bellemonde residents, offering them homes that combine modern aesthetics with exceptional functionality.
This strategic partnership between a local developer and an interior design studio is a unique initiative in Romania, with the potential to redefine quality standards and positively influence the real estate market. Together, we aim to create homes that combine top-tier design with functionality and long-term value.”, explains Victor Terheș, Sales Director of Bellemonde.

The premium architecture and interior design studio Hype Project, founded by Victor Grosu and Adrian Ianculescu, will develop three distinct design concepts. The “ready to move” solutions signed by Hype Project will include three collections: three types of interior designs specially developed for the Bellemonde project, aligned with the project’s philosophy, target clientele, and current international trends in premium living. The option to choose a ready-made design concept is entirely optional. As well, clients can choose to purchase a home built with the standard Bellemonde finishes or a fully furnished residence designed by Hype Project.

Lidl inaugurates two new stores in Romania

Lidl continues its investments locally by opening two new stores in Vladimirescu commune and Râmnicu Vâlcea. The Lidl store in Vladimirescu commune, Arad county, has a sales area of over 1,400 square meters and has 118 parking spaces. The Lidl store inaugurated in Râmnicu Vâlcea municipality, Vâlcea county, has a sales area of over 1,300 square meters and has 96 parking spaces.

With the inauguration of these stores, over 50 new jobs were created.

Lidl currently operates over 12,350 stores and over 225 logistics centers and warehouses in 31 countries. Currently, Lidl has approximately 376,000 employees, of which over 12,000 are in Romania, where the German retailer has over 350 stores and 6 logistics centers.

Kaufland plans a new large store in Domnesti

The German retailer Kaufland plans to open a new store in Domnesti, the second in the locality after the one near Hornbach and the seventh in Ilfov County.

The real estate company Domre SRL, with Italian shareholders, owns several plots of vacant land here with a cumulative area of about 7.8 hectares. For a piece of about 2 hectares of this land, Kaufland has signed a bilateral promise of sale, with a deadline for the completion of the sale-purchase contract in November 2025. The Domre company is now at the stage of technical documentation for obtaining the construction permit for a hypermarket with a developed area of about 5,400 square meters.

If it is realized, this will be the second Kaufland hypermarket in the locality, after Kaufland Domnești West Park was inaugurated in 2022, built on land purchased from Hornbach.

Source: Profit.ro

NEPI Rockcastle to build over 400 apartments next year and analyze the opening of a hotel

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

Carrefour plans over 40 Express stores for 2025

Carrefour Romania wants to expand its Express proximity store network by over 40 units next year, after opening 16 stores under this brand in 2024. The Express store format is the one that recorded the highest growth in 2024, according to the company.

For 2025, the retailer aims to accelerate its Express format development plans with over 40 units, located both in pedestrian areas with intense traffic and within important projects in new residential areas.

“The Express store format is the one that recorded the highest growth in 2024. We have sensed this trend since past years and have allocated resources to support consistent double-digit growth. We have implemented a new strategy to test small spaces, which allows us to accelerate the pace of store openings in 2025, with the objective of exceeding the number of stores opened in 2024. The retail market will continue to grow in 2025, and the proximity format will continue to be a strong driver in the future,” said Roxana Cernica, Small Formats Business Unit Director Carrefour Romania.

The retailer will also continue the remodeling process of older stores, including the installation of self-service kiosks.

Source: economica.net

BT Property buys Prima Shops Oradea

BT Property Alternative Investment Fund, managed by BT Asset Management SAI SA, announced the acquisition of the Prima Shops Oradea shopping center from the Oasis group, a local company in the retail property development and management sector owned by businessmen Klaus Reisenauer and Kurt Wagner.

Romania recorded a 131% increase in the volume of real estate transactions in the first half of the year, up to EUR 418 million, the highest advance in Central and Eastern Europe, an evolution that placed it in third position in the region, after Poland and the Czech Republic, ahead of Hungary and Slovakia.

Retail property transactions and industrial projects were the engine of the local market, representing 90% of the total volume, while offices had a share of only 4%, according to data from real estate consultancy Cushman & Wakefield. The retail sector attracted 47% of the investment volume, while the logistics sector had a share of 43%.

Auchan to open new hypermarket in RIVUS Cluj-Napoca project

Auchan, one of the strongest players on the food retail market, is preparing a new hypermarket concept spanning more than 6,000 sqm for RIVUS Cluj-Napoca, featuring an innovative format, adapted to the central location and the vision of the mixed-use project.

Auchan is a long-standing retail partner of IULIUS, being present in most of the group’s projects: Palas Iași, Iulius Town Timișoara, Iulius Mall Suceava and Iulius Mall Cluj, as well as Family Market Bucium and Family Market Miroslava.

“RIVUS is a regional scale project and our largest investment to this date. We built a wonderful partnership with Auchan as early as 2007, when our collaboration was also based in a project in Cluj-Napoca, namely Iulius Mall. We are delighted that RIVUS project will include an Auchan hypermarket, based on our successful previous collaboration and the partner’s capacity to develop customized concepts, in line with the values and requirements of our projects, as was the case for Palas Iași back in 2012, where they opened the first Auchan City format in Romania, with excellent performances. The Auchan hypermarket in RIVUS will have a new format, tailored to the premium concept of the project, for which we are preparing a complete mix, with regional and national premieres not only in the retail segment, but also in terms of the leisure, cultural, entertainment and edutainment offer,” said Oana Diaconescu, Head of Leasing Retail IULIUS.

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