Estimates show a daily traffic of more than 150,000 people in the 26 retail parks owned by Square 7 Properties and the Belgian fund Mitiska REIM on the Romanian market.
Our portfolio has expanded by 33% in the last five years, either through new projects or expansions of existing parks, explains Clemens Petschnikar, CEO, Square 7 Properties
In 2022, the two partners inaugurated a new extension in Slatina, of 7,000 sq m and started a new project in Giurgiu, with a leasable area of over 7,000 sq m.
They also have two new projects of approximately 22,000 sq m in Pitești and one of 8,000 sq m in Mediaș under authorization. All three will be inaugurated in 2023.
Square 7 & and Mitiska REIM 26 retail parks are located in cities with a population of less than 150,000 inhabitants.