S IMMO AG started expansion work on Sun Plaza in Bucharest. About 40 retail units over 11,000 sqm will be added to the scheme, with 75 percent of the space already leased. New tenants include the US fashion retailer Forever 21, which will open one of its largest Romanian stores at Sun Plaza. Expansion work is set for completion in the first quarter of 2018.
“Sun Plaza has gained its position as the dominant retail scheme in the southern part of Bucharest and the remodeling will further strengthen it. The reconfiguration will bring a new vibe in our retail mix, adding more brands, trading up the center and gaining further fashion competence,” said Friedrich Wachernig of S IMMO’s management board. “We are in advanced stages of negotiations with various retailers for the remaining shops, including brands that will for sure bring enthusiasm among our customers.”
