Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country. Along with a Kaufland store, the new retail park will become the town’s unique landmark shopping mile, where you will be able to choose from a huge variety of products and services of local and international brands. To date, a significant part of the new park’s space has already been let out. The tenants include New Yorker, Flanco or ZooCenter. So far Scallier has opened two retail parks in Romania, with a total rentable area of more than 11,000 sqm. Further projects are in the pipeline. Turda’s retail park will be put into service at the turn of the third and fourth quarters of 2022.
‘We are working on the construction of further commercial facilities in Romania,’ says Wojciech Jurga, Scallier’s Managing Partner, who is responsible for the development of retail parks outside Poland. ‘Retail chains show a very strong interest in modern commercial space to be built in Romania. Brands that have opened their outlets in our two already operational retail parks include KiK, Pepco, Sinsay, Jysk, Flanco, Martes, Kids Outlet, Animax and Hervis. What makes the development of retail parks in Romania so meaningful is their social role, which is promoted not only by plenty of shopping opportunities, but also by a host of dining and entertainment amenities. Our tenants include, but are not limited to, restaurants, such as Dabo Doner and Bun de Tot, and such as Superbet and Las Vegas.’ explains Wojciech Jurga.
‘Demand for modern retail space in Romania’s small and medium sized towns greatly exceeds what can be supplied. Retail chains are looking for facilities compliant with their standards, which, save for large cities, are rather scarce in Romania. The positive attitude of local authorities in Romania towards such development projects is also remarkable. The local governments know all too well that new investments of this magnitude not only meet the needs of local communities, but also generate substantial revenue for their budgets, thus making it possible to develop and implement projects that are important to local residents,’ says Adrian Aleman, Development Director at Scallier’s Romanian subsidiary. ‘Our retail parks reflect the requirements of retail chains and the expectations of local communities to the most possible extent. As their purchasing power is increasing, residents of the smaller urban areas expect rich and diverse offerings from domestic and international brands. So far they had to travel to larger cities to do shopping in modern malls, which required both plenty of time and extra money to spend,’– sums up Adrian Aleman.
Similar to all of Scallier’s development projects in Romania, the retail park in Turda will be certified according to the international BREEAM green rating standard.