Polish developer Scallier opens a new shopping center of approximately 10,000 sq m. under the Funshop Park brand near Arad. The official opening of the center is scheduled for March 6th of this year.
The new Funshop Park Arad is almost fully leased, with approximately 95 per cent of the space already contracted by DM, Sinsay, Pepco, KIK, Tedi, and Agroland. The complex will also house a fitness club, Stay Fit Gym, several restaurants, an outdoor food court and a playground. Lidl, the main tenant of the facility, is open since December last year.
Romanian retail market is growing rapidly. It stands out with its investment dynamics compared to other European markets. In this sector, we can talk about a boom. According to estimates, over 800 thousand sq m. of modern retail space is currently under construction in this country—twice as much as in Poland
Wojciech Jurga, Managing Partner at Scallier
The Arad investment is the seventh retail park developed by Scallier in Romania, after retail parks in Roșiorii de Vede, Focșani, Timișoara, Turda, Vaslui, and Moșnița. Scallier has delivered a total of approximately 60,000 sq m of GLA to the local market, all being BREEAM-certified.