Craiova, Romania, July 10th, 2012
New Multiplex Cinema and Bowling for Electroputere Parc, Craiova
(Virtual Press Office
) K & S and The Light Cinema are pleased to announce the signing for a first class entertainment zone at Electroputere Parc including a new all-digital, six screen multiplex and an eight lane bowling facility. The Light Cinemas will open the state of the art cinema late November 2012 along with an eight lane bowling complex and exclusive café bar area.
"We are delighted to add this professional entertainment zone to Electroputere Parc in Craiova” says Steven Van Den Bossche Managing Partner of Belrom Real Estate.“ This multiplex cinema and bowling, together with new café bars and restaurants on first floor, will further strengthen Electroputere Parc as the leading shopping and entertainment destination of Oltenia region.
Mike Thomson, Commercial Director for the Light Cinemas said “We are very excited about bringing this high quality cinema and bowling to Craiova. There is clearly a need for a modern cinema in Craiova and we aim to bring the best in film and other on-screen content such as opera and sports. With our 8 lane bowl this will be the premier entertainment destination for Craiova”.
John Sullivan, Partner at the Light Cinemas added “We are very pleased with this addition to our European circuit. This €5m investment forms an important step in our Romanian expansion plan”.
The international real estate company DTZ Echinox is the exclusive leasing agent of Electroputere Parc. At the time of the opening, in November 2011, the project was 97% leased. After all stages of opening, Electroputere Parc will be the largest shopping center in Craiova and the county, offering a diversity of Romanian and international retail brands in the fashion, accessories, toys, decorations, electronics, services etc. With the addition of the modern cinema and bowling area, the center will provide a complete shopping and entertainment experience to all customers in southwestern Romania.
About The Light Cinemas
The Light Cinemas were formed by Keith Pullinger and John Sullivan, who pioneered the development of all digital cinemas by launching in Bucharest, Romania in October 2008, with a 7 screen, all digital cinema -the second in Europe. This was followed in July 2009 with an 8 screen cinema in Halle, Germany.
The Light Cinemas opened its first UK cinema in New Brighton, Liverpool in December 2011. Further sites are planned for 2013/14 for the Romania and the UK.
Tel; 0044 789 448 0669
About K&S Developments:
K&S Developments, the developer, owner and operator of Electroputere Parc Craiova, is controlled by Steven Van Den Bossche, Magnus Lofgren and Kris Carton, The team have already played an important role as a developer of Retail centres on the Romanian market. As Belrom Real Estate they developed 8 retail centres across Romania, in cities such as Sibiu, Tirgu Mures, Braila, Bacau, Focsani. Some of these projects has been sold to international investors others remain in their portfolio and are managed by their management company.
Steven van den Bossche
Tel : (+40) 731 760 719
E-mail : email@example.com
About DTZ and UGL Services:
DTZ is now combined with UGL Services. UGL Services is a division of UGL Limited. The combined business of DTZ and UGL Services is now one of the largest property services companies in the world. It provides corporate/occupier clients with a global, integrated, end-to-end service offering and best-in-class investor services capabilities in investment agency, leasing agency, property and facilities management, project and building consultancy, valuation, and investment and asset management. The organisation has 27,000 permanent employees and 43,000 personnel including contractors, operating across 225 offices in 45 countries. For further information, visit: http://www.dtz.com
In November 2002, after 9 years of successful operations on the Romanian real estate market, Echinox Consulting entered a partnership agreement with the multinational company DTZ, one of the leading global real estate services companies. Therefore Echinox Consulting became the local DTZ representative office, operating under the trade name of DTZ Echinox.
DTZ Echinox provides a full range of services to investors, occupiers and owners across all sectors of the real estate market. http://www.dtz.com/ro
For further information please contact:
Mobile: +40 741 020 220