The buyer will develop a retail centre with a leasable area of 10,800 sqm that should be delivered in the first quarter of 2022, according to economica.net. 

“The concept introduced by Scallier on the Romanian market involves the integration of modern premises to serve a wide range of customers. The project we are preparing for Timișoara aims to revitalize the retail area and to bring new standards corresponding to the real needs of customers,” says Adrian Aleman, Development Director for Scallier Romania. 

The new project will join the FunShop Park network. Law firm PeliPartners assisted Scallier in the transaction.