Romanian real estate developer RED said it has opened its first shopping mall in Romania in the north west regional city of Arad close to the Hungarian border. The Armonia Retail Park consists of 46,500 m[sup]2[/sup] of retail space anchored by a 13,000 m[sup]2[/sup] Carrefour superstore. The mall also comprises a Bricostore and 80 retail units in the commercial gallery. Total investment in the scheme amounted to EUR 95 mln.
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