City Mall changes manager and turns leisure areas into offices - Azi

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At the end of 2006, City Mall shopping complex in Southern Bucharest was valued at 88.2 million euros, 15 million euros below the price paid by the Australians at APN/UKA, the current owners.

The market value of the City Mall shopping centre fell 24% in the fiscal year ended on June 30, 2008, to 88. 2 million euros, and, as a result, the owners of the complex have decided to convert 3,000 square metres of the leisure area into office space and build 2000 square metres of additional office...

Read the whole story in: Ziarul Financiar