Casa Radio - Romania

Plaza acquired a 75% interest in a company which has entered into a public-private partnership agreement with the Romanian government to develop the Casa Radio (Dambovita) scheme in Bucharest, the largest development plot available in central Bucharest. The Romanian government will remain a 15% partner in the scheme, as well as another developer holding 10%.

The development of Casa Radio comprises approximately 600,000 sqm of built area, including 158,000 sqm shopping mall with 11,000 sqm hypermaket and indoor leisure center (one of the largest in Europe), Ferris wheel, approximately 140,000 sqm GBA of offices, hotel complex with conference center with 350 hotel rooms, apartment hotel with 100 hotel apartments, casino and approximately 4,500 underground car parking spaces.