Romania Retail Marketbeat Q1 2025
There was no retail project completion in Q1 in Romania, but the delivery pace will significantly pick up starting from April, when ~145,000 sq. m of new schemes will open (including one super regional shopping center – Mall Moldova – in Iasi). Therefore, the modern retail stock in Romania remains at 4.62 million sq. m, which corresponds to a density of 243 sq. m/ 1,000 inhabitants, still one of the lowest in both Europe and the CEE region. However, developers have announced major plans which would correspond to more than 600,000 sq. m GLA in projects expected to be delivered by the end of the decade.