Immofinanz completes modernization of the VIVO! Baia Mare shopping centre following 7 million Euro investment thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.
Immofinanz, one of the most important investors on the real estate market in Romania, announces it will start a refurbishment process of the VIVO! Baia Mare shopping center. The refurbishment works will bring new tenants in the portfolio and will cover a total area of more than 10,000 square meters, the equivalent of one third of gross leasable area of VIVO! Baia Mare and will be completed in the fourth quarter of 2021.
“We continue to invest in strengthening the company’s position in the retail and office segments. The decision to refurbish the shopping center in Baia Mare is based on the company’s confidence in the potential of the market and the region. We want to remain the main destination for shopping and entertainment in the region and to contribute to improving the shopping experience of our customers”, said Fulga Dinu, Country Manager Operations Immofinanz Romania.