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Bucharest leisure complex
Manchester-based Modus Properties and Bucharest partner Nova Imobiliare plan to build a £280m (US$491m, e408m) leisure and retail complex in Bucharest, Romania.
The 140,000 sq m (1.5million sq ft) development – named The Coliseum – will comprise a cinema, restaurants, bars, coffee shops, family play areas, bowling and a shopping centre.
Modus will commence a detailed design during the second half of 2006, while construction will begin in spring 2007.
Brendan Flood, managing director of Modus, said: “The company’s launch into Europe has been founded on this opportunity and we believe that Bucharest is one of the most attractive locations for international retail expansion.” Details: www.modusproperties.co.uk
Manchester-based Modus Properties and Bucharest partner Nova Imobiliare plan to build a £280m (US$491m, e408m) leisure and retail complex in Bucharest, Romania.
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