Iulius Newsletter H1 2025 | Iulius Company

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What’s Next

Palas Iaşi

We are revitalizing the heart of the city with a new innovative vision

The first Foster + Partners project in Romania

Internationally renowned for iconic projects such as the Apple headquarters in California, the famous Gherkin office building in London, and The Great Court at the British Museum in London, the exceptional team of architects is committed to redefining the central area of Iași.

We are continuing the story of the same project with:

the remodeling of existing retail spaces and the expansion of the total retail area to over 80,000 sqm GLA
new brands making their regional debut (fashion, sports, and department stores)
flagship store formats for key existing anchor tenants
new playgrounds and entertainment centers for families
more spaces for events and diverse experiences
the redesign of the park with interactive and relaxation areas
the relocation and modernization of the event center – 4 halls with a total capacity of 1,000 people
additional underground parking spaces
enhancing the connection with the Palace of Culture through a green, sustainable, and aesthetically pleasing design
more natural light in the central area – the Atrium

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Rivus Cluj

Primark continues its expansion in Romania and will open its first store in Iași at Palas

Primark, the international fashion retailer, will open its store in Palas in 2026.
The new store will span 3,000 sqm over two floors and will offer the latest fashion trends, as well as everyday essentials in clothing, beauty, lifestyle, and homeware..

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The project is currently in the stage of obtaining the building permit

IULIUS and Atterbury Europe have secured the largest loan ever granted for a real estate development in Romania!

The loan is valued at approximately €400 million and represents a syndicated financing granted by four lending institutions: Erste Bank, BCR, EBRD, and BRD.

It is a green syndicated loan, secured by meeting and maintaining LEED Platinum and EDGE Advanced sustainability standards, covering the entire development – operation – refinancing cycle.

RIVUS se află în etapa de obținere a autorizației de construire.

142,000 sqm GLA – the largest retail area in Romania

The most recent announced brands:

Cineplexx

Premiere in Cluj-Napoca: premium IMAX® Laser cinematic experience and an open-air cinema

8 halls equipped with state-of-the-art surround sound systems
premium seating
laser projection
IMAX® Laser technology

outdoor cinema hall for film screenings and an event hub

Cărtureşti

The largest bookstore and the newest edutainment concept in Romania.

2,500 sqm, 2 levels
a lifestyle centre format that integrates cultural components and educational, entertainment, and relaxation experiences
a wide selection of books, new brands for stationery, home decor items, toys, and gifts
a café, spaces for events, art exhibitions, and promotion of Romanian designers

Mammut

The well-known Swiss brand specializing in equipment, footwear, and clothing for outdoor sports, climbing, mountaineering, and winter sports will open its first brand store in Romania at RIVUS.

Himalaya

The well-known Swiss brand specializing in equipment, footwear, and clothing for outdoor sports, climbing, mountaineering, and winter sports will open its first brand store in Romania at RIVUS.

Other brands already announced:

Jumbo
Hype by Kiddo
FURLA
MAMAQUILLA
Auchan

RIVUS Live Arts

RIVUS will also include a performing arts center, which will be managed in partnership with the Cluj Cultural Center and will operate in the former arched hall of Carbochim.

A first event took place in May right in the arched hall, hosting a contemporary dance performance by the OM Choreographic Center from Cluj-Napoca. The event brought together representatives of the local cultural community, who will be able to carry out their artistic activities in the future space dedicated to arts and creativity within the project.

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RIVUS will also include

142,000 sqm (including both the mall and complementary retail facilities)
Over 400 stores, including regional and national premieres
More than 30 new concept restaurants and cafés oriented towards the Someș River
A new park and green spaces covering over 52,000 sqm, with 700 mature trees and over 100,000 plants of various sizes
A rooftop Japanese garden, green façades, and a green roof
Two industrial buildings converted into cultural spaces, coworking areas, and services
Entertainment concepts for all ages
Premium and green office spaces – 15,000 sqm GLA
Investments in connectivity and mobility: a road bridge and two pedestrian bridges over the Someș
Modernized streets, bike lanes, up to 4,800 parking spaces, 1,200 bicycle spaces, and more

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Investment: IULIUS and Atterbury Europe

Discover the project at 👉 https://www.rivus.ro/ and on the dedicated social media platforms:

Constanţa

Constanța – a year-round active destination

IULIUS and Foster + Partners have launched a proposal to transform a 38-hectare contaminated area in the center of Constanța into a regional development engine, repositioning the city on the map of major European urban landmarks:

€800 million investment
Park and botanical garden
Cultural and educational functions
Retail – with a complete mix of services, brands, and facilities
Public utility functions and services
Entertainment and edutainment – featuring new concepts, regional and even national premieres
Sports and recreation facilities
Office spaces

Discover the vision proposed by IULIUS & Foster + Partners

One of the largest bioremediation processes in Europe:

Decontamination efforts involving the setup and equipping of specialized laboratories and research infrastructure with national impact
Partnerships with the National Research and Development Institute for Soil Science, Agrochemistry, and Environmental Protection in Bucharest, and with Ovidius University of Constanța
An ongoing archaeological research process conducted by a mixed team of specialists from the Archaeological Research Institute of the Romanian Academy, Iași branch, and the National History and Archaeology Museum of Constanța

The project is in its early phase, with the first stage consisting of site environmental cleanup.

The first dendrological nursery in Dobrogea

For the future project, a nursery has been established in the commune of Lazu, currently housing 1,100 mature trees brought from Italy, which will be transplanted into the park to be created from scratch as part of this initiative.