Argo Capital Property has sold the Shopping City Suceava mall in Romania to British group M Core.
Shopping City Suceava, which opened in 2008, has a leasable area of over 43,000 square meters.
“We are honored to have assisted our client Argo Capital Property in this remarkable transaction, which is part of a series of complex projects successfully managed by our team,” said Oana Badarau, Partner at the PeliPartners law firm, which advised Argo Capital Property on the deal. “We have been Argo’s trusted partner in all project sales transactions in Romania, helping to transform strategic assets into key economic landmarks. Suceava Shopping City represents a real pillar of stability for the local economy, and the transaction has an impact for the entire region.”