Iași was the capital of Moldavia during 1564 – 1859, one of the two capitals of the United Principalities between 1859 and 1862, and also the capital of Romania in 1916 – 1918, during the First World War.
The Botanical Garden in Iași covers 105 hectares and is the oldest and biggest in Europe, and one of the biggest and oldest in the world.
Palas Iași was awarded “The Certification for Excellency” in 2015 by TripAdvisor ®, the most important tourism website in the world. The PALAS urban complex includes a shopping mall, a shopping street, event halls, class A office buildings, a 4 star hotel, an underground parking lot with a capacity of approximately 2,500 spaces, a park and green spaces covering 270,000 m², all worth over 265 million euros.
The PALAS project received a prize, in 2007, at the MAPIC International Retail and Real Estate Fair in Cannes, in the “Best Retail Development over 20.000 sqm” category.