Square 7 Properties is announcing the opening of three new retail parks in Romania until the end of 2022.
Thus, it will develop another 50.000 sqm by the end of 2023, which will be added to the existing portfolio.
New retail parks are scheduled to be opened in Slatina, Tulcea (along Mitiska REIM developments) and Giurgiu.
In Slatina, the retail park is extended with a new commercial center and 6.640 sqm will be added to the existing leasable area, reaching the total GLA of 8.646 sqm.
C&A, Jysk, Hervis, New Yorker, Kik, Sinsay, Superzoo, Tabac Xpress and Medimfarm are the new Shopping Park Slatina tenants. Lidl will join them and build a new store.
In Tulcea, the retail park is extended with a new commercial center and 3.600 sqm will be added to the existing leasable area, reaching the total GLA of 8.600 sqm.
The customers from Tulcea will enjoy new brands in this shopping gallery, Lidl, Hervis, C&A, Sinsay and Super Zoo.
In Giurgiu, the construction will start in April 2022. Along with Lidl, the commercial center will include tenants such as Kik, Hervis, Sinsay, New Yorker, Superzoo, Noriel.
The opening is scheduled for the last quarter of 2022.