Square | Romania Feed

Square 7 Properties, in partnership with Belgian investment fund Mitiska REIM, is opening the Giurgiu Shopping Park retail project this week.

Retail park developer Square 7 Properties wants to deliver annually between 35,000 and 45,000 square meters of new spaces locally in the next five years as it plans to expand toward smaller cities as well, explained Clemens Petschnikar, partner and CEO of the company.

Square 7 Properties announces it has acquired a 30,000 sqm land in Medias, Aurel Vlaicu area, where they have begun authorizing procedures for a new retail park. The development will be carried out as a single investor.   “We have over 15 years of expertise in the development of retail projects, which we continue to […]

Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, where it has started authorization procedures for a new retail project.

Belgian investor Mitiska Reim, specialized in European shopping centers, has announced the opening of a new project in Baia Mare (northwestern Romania) and the expansion of the Medias retail park, in partnership with builder Square 7 Properties.