Ice Plaza, Romania


Acquisition 11.1 ha of land on the south side of Arad fronting the main A1 highway between Vienna and Bucharest. Delivery of Outline Planning Consent for a shopping centre totalling 80,000 sq.m.  and incorporating restaurants and a cinema. Delivery of a building permit to commence initial infrastructure works and phase 1 of the centre totalling 15,400 sq.m.

Non Food Retail Projects


  • Acquisition of 11.1 ha of agricultural land formerly in multi ownership
  • Re-zoning for commercial use and inclusion in the city boundary
  • Formed a strong Partnership with City Hall, the Mayor and City architect.
  • Work up design of shopping/leisure centre using project and local architects
  • Agree road improvements and contribution from City to extension of tram
  • Obtain PUZ ( outline consent ) for 80,000 sq.m. of retail and leisure.
  •  Obtain PAC ( building permit ) for infrastructure and phase 1 of the centre of 15,400 sq.m
  • Marketing to national and international retailers
  • Currently in negotiation with a number of potential anchors
  • Arad–Timisoara section of the new A1 Trans European highway now open.
  • Site sits on Arad south junction of the highway making it highly strategic.