Shacolas Emporium Park in extended works

Woolworth Cyprus Properties (FWW) announced that its subsidiary company ITTL Trade Tourist and Leisure Park Ltd submitted a tender to Loizos Iordanou Ltd for the construction of two additional buildings for commercial use of a total area of 10,000 m2 at the Shacolas Emporium Park in Nicosia. The contract price stands at CYP 11.6 mln and operations are expected to commence by the end of 2007.

The Shacolas Emporium Park is a unique project of its kind for Cyprus, which will accommodate “The Mall of Cyprus”, (27.500 m2), an IKEA store (22.000 m2), as well as two adjacent retail buildings (10.000 m2).