Portfolio

Vulcan Value Center

Client: NEPI Invest
Service: Cost, Procurement & Construction Management

Project Details: Vulcan Value Center, owned by New Europe Property Investment is one of the most important projects we completed this year, opening on September, 4th. The new retail park of approximately 28,390 sqm (GBA) was built in only 7 months on the site of the former Vulcan factory in the southwest part of Bucharest. The center’s main anchor stores include Carrefour hypermarket, gallery and a number of fashion oulets. The commercial park is accessible both from Sebastian Street, and the Calea Progresul, featuring over 50 stores, including large units of 800 m2 opening directly to the park, such as: H&M (clothing), C&A (clothing), Hervis (sports), Noriel Bebe (baby items), Animax (petshop), LEMS (home & deco), JYSK (home & deco), DOMO (consumer electronics), Takko (clothing), Deichmann (shoes) and DM (drugstore). Work on Vulcan Value Center began in February 2014 with our company providing construction management for a number of 15 to 20 specialist subcontractors to complete the construction and fit out within a tight time schedule of construction and within the agreed budget. Vulcan Value Center is one of 6 Retail Malls that Optim PM are currently building in Romania totalling some 350,000 m2.