Romania Retail Marketbeat Q4 2025

There were 3 retail project deliveries in Q4 totaling approximately 16,000 sq. m GLA, among which being TOFF Galleries (Stirbei Palace), one of the largest luxury destinations in the country, located on Calea Victoriei in Bucharest. Therefore, the total 2025 new supply reached 208,000 sq. m, a volume 16% higher than the corresponding one for 2024 and one of the highest ever in Romania. The modern retail stock (consisting of shopping centers, retail parks and commercial galleries) across the country is of 4.81 million sq. m (1.33 million sq. m in Bucharest), as projects cumulating more than 750,000 sq. m GLA are currently in different construction and planning stages and are expected to be delivered until 2029 by developers such as NEPI Rockcastle, Iulius Group – Atterbury Europe, MAS RE – Prime Kapital, M Core or Scallier.