The Czech real estate developer RC Europe to open on August 27 the third retail park of the group in Romania, after a total investment of 9 million euro.
The retail park is under the nest brand and located in Oradea, occupying approximately 6.500 sq m GLA. Construction works on the project started in October 2019.
Nest retail park Oradea is on Calea Borșului in the northern part of the city in the proximity of Lidl and Kaufland. The project has a parking lot with 200 places and accommodates 13 retail stores of local and international brands, including JYSK, Martes Sport, Sportisimo, CCC, ZOO Center, KIK, PEPCO, dm-drogerie markt, and Zoomania.
Nest Oradea is the second retail park project RC Europe delivered in 2020, following the opening of Nest Miercurea Ciuc in May.
The first Nest retail park project opened in Romania was in Dorohoi, in 2017. Besides Romania, the company operates two Nest retail parks in Serbia, where it also plans to develop new projects in 2020.
In Romania, RC Europe owns five office buildings: two in Pitesti, and the rest in Craiova, Drobeta and Slatina, totalizing over 18,000 sq m GLA. The company has also in pipeline a Class A office building in Bucharest, Arc Office Building, with 30,000 sq m GLA and a new retail park in Sighisoara.