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Era Shopping Park Oradea

Location: Oradea, Romania

Era Shopping Park is a GLA 65,500 sq. m retail park in Oradea developed by Omilos Group.

Sector
Retail
Location(s)
Romania

Era Shopping Park – first phase – the largest retail park in Oradea opened in 2009, totals approximately 64,000 sqm gross leasable area. Phase 2 opened in Q2 2012, with Phase 3 scheduled for 2013. The project serves a population of 210,000 inhabitants, with a regional catchment area of circa 600,000 inhabitants.

Excellent accessibility and visibility of the centre due to its location at junction of the city’s ring road with the road connecting the city with Arad. The site has 430 k of direct frontage both to Calea Aradului ring road, allowing easy access from all parts of the city parts. The site is located only 8 minutes’ drive time from the city centre and the public transport facilities provide direct and constant service to the development.

The tenant range includes Bricostore (DIY), Carrefour hypermarket and a gallery offering local retailers service with a 3,000 sqm Altex electronic stores and established domestic and international fashion brands.

During 2012 ERA developed a furniture and home decorations home centre offering the largest furniture and home decorations area in the north west of Romania, hosting anchors such as Mobexpert (8,000 sqm), Elvila (3,000 sqm), Naturlich (2,500 sqm) as well as other home goods retailers.

Argo Group Limited
May 02, 2016 - Managed by Argo Group, Argo Real Estate Opportunities is a close-end fund that invests primaruly in the... read more
Romanian Retail Center Signs Lease Deals for 10,000 Sq. m of Space
November 20, 2013, 11:21, (Property Xpress) - New lease agreements for approximately 10,000 sq. m of space have recently been signed by the owner of a ...   read more
Era Shopping Park Oradea to Reach 90 Pct Occupancy by End’2013
September 24, 2013, 17:17, (Property Xpress) - Argo Real Estate Opportunities Fund, one of the largest owners of shopping centers in Romania, with four ...   read more
Argo Real Estate Romania Shopping Centers Suffer Decline in Value
July 09, 2013, 12:54, (Property Xpress) - The four Romanian shopping centers owned by the UK-based Argo Real Estate Opportunities Fund were evaluated at ...   read more
IKEA Romania Increases Capital
May 02, 2013, 11:18, (Property Xpress) - IKEA Romania increased its capital by EUR 8.58 mln in February this year, according to data from the Trade ...   read more
Argo Generates EUR 37 mln in Revenue from Properties in Romania, Ukraine
April 01, 2013, 15:02, (Property Xpress) - The four Romanian shopping centers owned by British Argo Real Estate Opportunities Fund (Argo) generated ...   read more
IKEA in Talks to Open New Romania Store
February 04, 2013, 12:34, (Property Xpress) - Swedish furniture retailer IKEA is negotiating with the owners of Era Shopping Park Iasi to open a store in ...   read more
Oradea Shopping City to Open in October
October 10, 2011, 9:27, (Property Xpress) - The former Tiago Mall in Oradea, bought at auction by Romanian businessman Gabriel Popoviciu for EUR 35 mln, ...   read more
Update: Argo Real Estate to Acquire Two Shopping Schemes in Romania
August 18, 2011, 12:43, (Property Xpress) - British investment fund Argo Real Estate Opportunities Fund (AREOF), which earlier this month announced ...   read more
Oradea Shopping City to Open in Autumn
June 17, 2011, 12:50, (Property Xpress) - Shopping Center Holding, controlled by Romanian businessman Gabriel Popoviciu, who took over the bankrupt ...   read more
Argo Real Estate Sees Rental Income Decrease in Romania
February 03, 2011, 13:38, (Property Xpress) - Argo Real Estate Opportunities reduced its rental income from Romanian Sibiu Shopping City and Shopping City ...   read more
ECDC Joins Romanian Retail Projects
September 15, 2010, 8:33, (Property Xpress) - European Convergence Development Company (ECDC), mannaged by Charlemagne Capital, today announced it will ...   read more
Decathlon and Omilos Gain Momentum in Romania
May 12, 2010, 9:38, (Property Xpress) - Cypriot Omilos development company sold 2.2 ha of land in Era Shopping Park Iasi to the French retailer ...   read more
Omilos Group Postpones Two Shopping Mall Openings in Romania
March 17, 2010, 13:45, (Property Xpress) - Omilos Group, developer of Era Shopping Park projects in Oradea and Iasi, Romania, initially planned to open ...   read more
Decathlon to Open Second Romanian Store in Iasi
August 14, 2009, 11:49, (Property Xpress) - French clothing retailer Decathlon Sport recently opened its first store in Romania in the Militari Shopping ...   read more
Second Phase of Era Center under Development in Romania
March 05, 2009, 14:40, (Property Xpress) - The second phase of Era Shopping Park Oradea, expected complete in the first quarter of 2010, will include a ...   read more
Omilos Group Takes EUR 79.5 mln Syndicated Loan
June 18, 2008, 12:10, (Property Xpress) - Omilos Group has taken out a EUR 79.5 mln syndicated loan arranged by Banca Romaneasca, a National Bank of ...   read more
IKEA Signs with Era Shopping Park
May 15, 2008, 9:51, (Property Xpress) - Swedish furniture retailer IKEA, who entered the Romanian market last spring, intends to open its first store ...   read more
Textila to Move Its Plant to Industrial Zone in Iasi, Romania
April 03, 2008, 13:28, (Property Xpress) - Clothing manufacturer Textila intends to sell its city prime zone facility in Iasi, Romania, and relocate to ...   read more
Loan for Era Shopping Park in Iasi
March 27, 2008, 10:53, (Property Xpress) - A EUR 79.5 mln syndicated loan from Banca Romaneasca, Eurobank, EFG Group and National Bank of Greece has been ...   read more
Omilos Investments Starts EUR 100 mln Era Mall Construction in Iasi
March 27, 2007, 7:38, (Property Xpress) - The Bucharest-based Greek company Omilos Investments has started the construction of а EUR 100 mln worth Era ...   read more
Two Mall Projects in Romanian Cities Craiova and Iasi in the Pipeline
December 13, 2006, 10:12, (Property Xpress) - Two retail projects, namely Era Shopping Park in Iasi and Craiova Mall has been announced by the ...   read more

, (Property Xpress) - ...   read more
Market Research in ARGO Shopping Centers
March 17, 2014, 18:02, (Property Xpress) - According to a market research conducted in the shopping centers that Argo (Argo Real Estate Opportunities ...   read more
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