Bucharest, Decebal – Penny.
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
Property location
Decebal boulevard, Nr. 4, Sector 3, Bucharest, Romania
About
The 544 sqm store is the first store opened with a new concept / strategy that Rewe group decided to implement by approaching the proximity street retail segment. This location is one of the most well established and well known on this specific boulevard, which is regarded as one of the most highly rated retail arteries in Bucharest, and the most important infrastructure connection, linking the Centre with the East side of the city. This translates to a high number of pedestrians, cars and buses which circulate along this route daily. As a consequence, the artery attracted in the past 20 years an important number of players from the HoReCa industry, the entire boulevard being literally filled with coffee shops and restaurants of different types and sizes along with a number of showrooms and bank branches.
Rentable area
544 m2
Key Tenant
Penny Market
Demographics
The current project catchment is quite a dense one with over 12,000 people living in a wider perimeter and probably a similar number of commuting individuals. The area comprises of late 80’s and mid 90’s flats, low rise housing as well as new residential units.
