Star Imob Construct buys City Mall for 17.3 mln euros

Star Imob Construct has bought City Mall for 17.3 million euros plus VAT following direct negotiations, reads a release of Transilvania Insolvency House (CITR), the judicial liquidator of City Mall.The destination of the shopping center is to be decided by the new owner but most likely it will not suffer essential changes.At present, City Mall has an occupancy rate of 83% of shopping space and contracts with some 74 tenants. The shopping complex has a traffic that maintains at the ...

Developed by Codecraftsman