November 25, 2017

Auchan will open two shopping malls in Bucharest

French retailer Auchan has announced that it might open its first local mall this year under the Auchan City brand. The mall will be located in the Giulesti neighborhood on a piece of land purchased from the Grantmetal factory and could be opened by the end of December following a EUR 15 million investment. The project will include a 5,000 sqm Auchan hypermarket and a 2,000 sqm shopping gallery. A second Auchan City shopping mall will be built on the grounds of the Tricodava industrial platform in Ghencea and will feature an Auchan hypermarket with a 11,000 sqm surface and 80 stores. The development of the two projects will be handled through Immochan, Auchan Group’s property management subsidiary.

Source: Business-Review (read more)

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