Strategy/Company/ Operations Update
Plaza filed Application for Annulment against ICSID tribunal's April 2026 dismissal of Casa Radio arbitration claims.
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Further to its last announcement dated May 11th, 2026, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, in connection with the arbitration proceedings before the International Centre for the Settlement of Investment Disputes ("ICSID") initiated by the Company in relation to the Casa Radio / Dâmbovița Center Project in Bucharest ("Casa Radio"), the Company filed on August 7, 2026 its Application for Annulment ("Application").
The Application relates to the award dated April 10, 2026, by which, in a majority decision, the Tribunal dismissed the Company's claims on jurisdictional grounds.
The Company continues to assess its position and considering all available options and next steps.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.