Completion date: 2020 – 2027
PKM Developments has a retail development pipeline including a super-regional mall, a regionally dominant mall and 4 value centres anchored by Carrefour, with a high concentration of international retailers.
The pipeline also includes 2 large-scale residential projects in Bucharest and a large mixed-use development in Iasi, Romania.
Dambovita Mall was completed and opened on 20 August 2020, with 92% occupancy and it is the only regional retail destination in the county.
Avalon Estate is an upmarket modern housing estate near the new developing central business district and commercial centre in the affluent northern part of Bucharest. Marmura apartments is a large-scale residential block with up to 459 units in the expanding north-west of Bucharest.
A large-scale, mixed-use project is in the pipeline in Iasi and will include A-grade offices and over 1,600 residential units.