CA Immo International completes first phase of DIY store OBI in Romania

Published: September 2, 2010; 18:32 · (Vindobona)

Construction phase one of the retail development project in Sibiu has been concluded - DIY store OBI opens with 9,700 sqm of usable space.

CA Immo International completes first phase of DIY store OBI in Romania / Picture: © CA Immo AG

In a joint development project with Romanian company Oasis Retail Development & Consulting, CA Immo International has completed the first construction phase for the planned PRIMA shopping centre in Sibiu.

The structure, which spans around 9,700 sqm, was completed in a construction period of around nine months.

It has been let in its entirety to the DIY chain OBI, which celebrated the opening of its new branch last Thursday.

When the whole site is completed, it will span some 220,000 sqm and accommodate a shopping centre with other specialist retail outlets in addition to OBI.

Located adjacent to a new motorway exit on the main access road to Sibiu, the centre is easy to reach.

The next expansion phases are currently under preparation.

About CA Immo International

CA Immo International is part of the CA Immo Group and a subsidiary of CA Immobilien Anlagen AG; it focuses on investment activities in Eastern and South Eastern Europe. The company's shares are traded in the prime market segment of the Vienna Stock Exchange. CA Immo International invests mainly in commercial real estate, and especially offices.

About Oasis Retail Development & Consulting

Oasis Retail Development & Consulting is the regional partner to CA Immo International AG on this project, with responsibility for operational business on site.