ParkLake 2018_Outdoor

ParkLake Welcomes New Tenants and Concepts

By Retail SEE Group / July 6, 2018

ParkLake, a Sonae Sierra and Caelum Development joint venture project in Bucharest, has signed during this year 13 additional tenants,  occupying a total of 7,300 sqm.

New tenants vary from fashion, kids’, entertainment, services and restaurants. Altogether, the variety in the tenant mix comprises the best blend of international and national brands, combined within the breathtaking design that makes ParkLake a European wide recognized project.

Recent signings include a 2,400 sqm  LC Waikiki flagship store,  a 1,400 sqm New Yorker store and a 1,200 sqm Kiddo Play Academy specialized in kids’ entertainment. Other new brands include Laser Maxx, Noriel, Banca Transilvania, Karcher, Taco Bell, Sizeer, Cartoffisserie, AC & Co (men’s fashion brand from Turkey) and Ana Dance Studio which offers dance classes for children. Altogether, the mall will add 7,300 sqm of GLA with the introduction of new retail facilities.

“We are very pleased to offer a renewed and even more diversified tenant mix to our visitors. We are adding both international and national brands, while expanding the leisure and entertainment facilities. ParkLake truly goes beyond shopping and expands the offer for great experiences. This is another reason why we are recognized as one of Europe’s best projects by the International Council of Shopping Centres (ICSC)” stated Catalin Cucian, ParkLake Shopping Center Manager.

About ParkLake Shopping Center

ParkLake shopping center is located at Liviu Rebreanu no.4 Street in Bucharest District 3. The project opened in 2016 and is themed around “Park – Nature – Family”.

ParkLake consists of 70,000 sqm of GLA, housing more than 200 shops, 25 restaurants, a cinema multiplex, and 2,450 parking spaces.

The retail project represents an 180 million EUR investment and serves a catchment area of over 1.4 Million inhabitants.

In 2015 the mall was awarded as the best "Concept & Design Project of the Year”, at the 10th Annual SEE Real Estate Awards ceremony hosted by EuropaProperty in Bucharest, Romania.

Recently, ParkLake has also been honored at the 2018 ICSC Awards ceremony,  as best center in the category of "New Developments: Large".  This is the first time a shopping center in Romania has received such recognition from ICSC.

 

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