ECE will continue to be responsible for the management of the center.
The outlet centre will reach a total available area of over 14,000 sqm and is planned to house 70 stores.
In addition to the three sales, a significant re-gear has also been agreed with a car parts and accessories distribution company.
Turda’s retail park will be put into service at the turn of the third and fourth quarters of 2022.
BIERCO REAL ESTATE SOCIETE ANONYME and OWNER ZEKAKOU 18 SOLE SHAREHOLDER PRIVATE CAPITAL COMPANY.
Which product category recorded the most positive, double-digit trend
Buildings, plots and stake holdings in companies will be transferred to AssetsCo and its subsidiary European AssetsCo, while the consolidation plan envisages the relocation of stores and the renegotiation of rents.
B2R Law, CSWP, Dentons, CMS and Gleeds advised in this transaction.
The company said sales soared 95% in December, compared with December 2020.
The project is co-financed by the European Regional Development Fund (ERDF) of the European Union and from national resources.