MASTERBUILD completes work at Pitesti Shopping Park, developed by Square 7 Properties together with Mitiska REIM
MASTERBUILD General Contractor & Developer completed the works on a new shopping center in Pitesti, developed by Square 7 Properties in partnership with the Belgian investment fund Mitiska REIM. The new Pitești Shopping Park is located in the northern area of Pitești and has a total leasable area of 24,000 sqm.
The value of the investment in this project amounts to over 19 million euros. The shopping center serves a population of approximately 150,000 inhabitants of Pitești and the surrounding areas and is divided into two areas: a DIY and construction area and a shopping gallery.
The total built area of the new shopping center amounts to over 17,000 square meters, with over 20,800 square meters of roads, platforms and parking lots, 5,023 green spaces, and the full coordination and general undertaking of the project is signed by MASTERBUILD.
“We are pleased to collaborate with Square 7’s professional team, experienced in retail development, with whom we share a common vision: the development of quality, sustainable commercial spaces that are not just new shopping destinations, but bring real added value the community and become new vibrant centers, integrated into the life of the city”, declares Ștefan Ferdinand Vayna, CEO MASTERBUILD General Contractor & Property Developer.
MASTERBUILD General Contractor & Developer is a general contractor company in construction and development, active since 2005 both in the segment of industrial and logistics constructions, as well as commercial projects and institutional or strategic use. The company operates both throughout Romania and on international markets.