Portuguese shopping centre specialist Sonae Sierra showcased three projects in Romania, Germany and Italy at the EXPO REAL trade fair in Munich this week. The projects are in various phases of completion and each represents specific challenges in terms of development and construction, the company said.
Portuguese shopping centre specialist Sonae Sierra showcased three projects in Romania, Germany and Italy at the EXPO REAL trade fair in Munich this week. The projects are in various phases of completion and each represents specific challenges in terms of development and construction, the company said.
In Romania, a shopping centre with 55,500 m2 of space is being built in Craiova. The project represents an investment of EUR 139 mln and will open its doors in 2012.
From 2011, Sonae Sierra plans to construct the Neue Mitte shopping centre in the town of Garbsen near Hanover in Germany. The project comprises 110 rental units and will provide residents with a new town centre.
In Italy, Sonae Sierra is building Le Terrazze shopping centre in partnership with ING Real Estate. The centre offers 39,100 m2 of space and is scheduled to open in 2011.
