Czech developer RC Europe opens its third retail park in Romania

Czech real estate development and management company RC Europe announced the opening of its third retail park in Romania on August 27.

The project, developed under the brand NEST, is located in Oradea, western Romania. It has a gross leasable area of about 6,500 sqm and required an investment of EUR 9 million.

CEE Estate Management was the consultant for RC Europe in the land transaction and leasing process of the NEST retail park in Oradea.

The project accommodates 13 retail stores of local and international brands, including JYSK, Martes Sport, Sportisimo, CCC, ZOO Center, KIK, PEPCO, dm-drogerie markt, and Zoomania.

NEST Oradea is the second retail park RC Europe delivered in 2020, following the opening of NEST Miercurea Ciuc in May. The first NEST retail park project opened in Romania was in Dorohoi, in 2017. The company plans to develop another retail park in Sighisoara.

Besides Romania, the company operates two NEST retail parks in Serbia, where it also plans to develop new projects in 2020.

Founded in 2005, RC Europe is a Czech investor and developer specializing in development, management and consultancy in retail, office and residential properties active in Czech Republic, Romania, Serbia and Croatia. The company has developed and has under management several office buildings, retail parks, residential buildings and supermarket chains.

(Photo source: Facebook/Nest Oradea)