Sonae Sierra expands in Romania with EUR 293 mln investment

Sonae Sierra is to invest a total of EUR 293 mln in its first two shopping and leisure centre developments in Romania. The company has completed the acquisition of two sites in the cities of Ploiesti and Craiova for the schemes. The Portuguese retail property specialist entered the Romanian market in May this year with the acquisition of the 12,360 m[sup]2[/sup] River Plaza Mall in the south-western city of Ramnicu Valcea.

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