In October 2021, real estate consulting company Cushman & Wakefield Echinox announced it had been appointed to manage two Funshop Park projects developed in Romania in Rosiorii de Vede and Focsani by Polish company Scallier.
According to Cushman, Scallier’s first project in Romania has been opened at the end of September in Rosiorii de Vede, with tenants such as JYSK, Pepco, Sinsay, KIK Textilien, Martes Sport, Deichmann, Flanco, Animax, City Doner, Vibe, Las Vegas, and Inmedio. By the end of 2022, Scallier aims to open in Romania other retail parks with a total leasable area of 40,000 square meters.
The Asset Services team of Cushman & Wakefield Echinox will have responsibilities in managing day-to-day activities within the project, tenant relationship management, operational supervision, financial services, and landlord reporting, through a team of specialists coordinated by Mihaela Petruescu, Partner Asset Services.
“We are pleased to collaborate with Scallier, a relatively new developer on the local market, but with extremely ambitious plans that are beginning to materialize through the opening of Funshop Park Rosiorii de Vede and Focsani,” commented Petruescu. “We believe that Scallier projects fit perfectly within the current requirements of the retail market, bringing modern and convenient retail in the smaller communities. In addition, Scallier projects are developed with special care for the environment, both in the construction and in the operation phase.”