Retail market caught between tough financing conditions for developers and low profit margins for retailers
More than 100 representatives of retailers, developers, real estate agents and consultancy companies, all active in the retail industry, came together at the conference Developing Romania – Reinventing Retail, organized by The Diplomat – Bucharest with law firm Noerr and international shopping center specialist Sonae Sierra, and with the support of the local real estate consultant, Capital Property Advisors, at the end of Novem December 2012 - From the Print Edition
Ingo Nissen, Managing Director of Sonae Sierra, Ali Ergun Ergen, CEO of Anchor Group, Israel Visel, Manager of Romania Malls Division & AFI Palace Cotroceni Mega Mall and Roxana Dudau, Senior Associate at Noerr, discussed the latest challenges in the shopping centre industry during the first session of the event moderated by Mihaela Petruescu, Director, Head of Retail, within Capital Property Advisors, and the Publisher of The Diplomat – Bucharest, Adrian Ion.
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