September 18, 2013 16:35 
With a planned rentable area of over 70,000 sqm, the Mega Mall project in Bucharest is set to start construction this year under a new shareholder structure. South-African real estate investment fund NEPI has acquired 70 percent of the shares in the project from a German firm specialized in developing retail projects. The anchors of the project are for the moment Carrefour , C&A and H&M.
NEPI is the first property fund listed on the Bucharest Stock Exchange, on a dedicated segment for real estate investment trusts (REITs). The fund is also listed in Johannesburg and London.
