The second phase of Shopping City Timisoara, developed by South African investment fund NEPI (New Europe Property Investments), opens on March 31, built on the site of the former factory Dermatita, local media informs.
The new mall will be the most modern commercial center of the city, at 13 years since the opening of Iulius Mall.
Shopping City commercial gallery in Timisoara comes with brands like Zara, Bershka, Stradivarius, Pull&Bear, H&M, C&A, New Yorker, Koton, LC Waikiki, CCC, Orsay, Motivi, Sport Vision, Hervis, Kenvelo, Lee Cooper, Time Out, Adidas, Pandora, Office Shoes, Deichmann, Sephora, Douglas, Tom Tailor, Colins, Suvari, Teilor, Pizza Hut, Starbucks, with the biggest and most modern movie theatre outside Bucharest.
“NEPI investment worth EUR 83.8 million in Shopping City Timisoara is more than a shopping center development, it is one of the largest investments in recent years in Timis County. Therefore, for us, Shopping City Timisoara completion (phase two) is one of the most important projects on our agenda this year,” Tiberiu Smaranda, executive director NEPI says.
NEPI, considered one of the most important investors on Romanian real-estate market, owns several malls in Romania – Mega Mall, Mall Promenada, Vulcan Value Center, CityPark Constanţa, Ploiești Shopping City, Brăila Mall, Galaţi Shopping City, Shopping City Târgu-Jiu, Severin Shopping Center – and office buildings – Floreasca Business Park and The LakeView (Bucharest), City Business Centre (Timisoara), The Office (Cluj).