Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Major investment in real estate developments and shopping centres coming next week

- Floreasca City by Raiffeisen Evolution; - InCity Residences showroom opening; - Baneasa Shopping City Mall

Floreasca City by Raiffeisen Evolution Raiffeisen Evolution real estate developer, a division of Austrian financial group Raiffeisen, is launching, on Wednesday, its mixed Floreasca City project in northern Bucharest, an investment of EUR 200–250 M. The project will consist of a mall – the Promenade Mall – an office tower about 130 in height - the Sky Tower, the highest office building in Bucharest – and a second office building. The Promenade Mall could be the second mall in the north of the Capital, following Baneasa Shopping City - the largest shopping centre in Bucharest and in the country to be launched this week. Since the end of 2007, Raiffeisen Evolution, is also the owner of 11 hectares in the Straulesti area, purchased from Petrom for EUR 90 M, where it is planning to develop a large-scale project. On the other hand, Raiffeisen Evolution is the developer of the Oracle Tower in northern Bucharest sold for EUR 20 M to insurance company Unique, in 2005. InCity Residences showroom opening Anchor Group is opening, on Tuesday, the showroom for its InCity Residences residential development. Anchor Group is among the lead developers in Romania. With an investment volume of EUR 340 M in finalised or planned projects, Anchor Group holds vast experience in the development of retail, residential and office projects. Its main accounts are: Bucharest Mall – Romania’s first mall - , Plaza Romania, en of the most popular shopping and leisure destinations in Bucharest - Anchor Plaza – the first class A office building integrated with a shopping centre – and InCity Residences - a residential ensemble situated in the Bucharest city centre. InCity Residences includes 500 apartments with modern architecture and customised interior design and finishings. The construction began in August 2006 and is to be finalised in the latter half of 2008. Baneasa Shopping City Mall The Baneasa Shopping City Mall, an inherent part of the Baneasa Commercial Area – is pending official opening on April 18, 2008, according to a press release issued by the developer, Baneasa Developments. Apart from prominent fashion brands, Baneasa Shopping City is also introducing the country’s first three-floor food court dedicated to the fast food segment, a first floor accommodating restaurants and a second floor dedicated to the club & lounge area. In its last construction phase, Baneasa Shopping City will bring a unique concept to the market – the largest entertainment centre in Romania. Sursa: http://www.nineoclock.ro

Tags: shopping baneasa bucharest office residences incity raiffeisen evolution investment

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