At the end of H1 2020, the modern retail stock outside Bucharest reached 2.71 million sq. m. Approximately 56% of the stock is represented by shopping centers, while retail parks and commercial galleries represent 38% and 6% respectively. Retail [...]
The Covid-19 pandemic had a significant impact and continues to influence the results of Bucharest shopping centers, but they still remain the main option for most shoppers due to the limited offer of high-street retail. Bucharest Retail Market 2020 shares [...]
The Consumer Habits Post-Covid-19 Study shares Cushman & Wakefield Echinox findings resulted from a study in partnership with MKOR Consulting on 600 Romanian respondents, between 14-18 May 2020. The two months of isolation and the situation still fragile regarding the danger [...]
The Retail Readiness Essentials Checklist shares Cushman & Wakefield international experiences, industry knowledge and best practices. As retailers and landlords prepare to re-engage the customer, communicating their safety and building confidence are mandatory steps. Retailers and landlords will need to [...]
Openings postponed due to the state of emergency There were no new deliveries in Q1 as a result of the Covid-19 pandemic and all the Romanian retail projects have reduced their activity in late March (with the exception of grocery [...]
The restaurants and cafes sector (Food & Beverage) in Romania has been constantly growing during the last few years as a result of a robust increase in wages and purchasing power and due to the larger number of foreigners [...]
The total modern retail stock in Romania amounts to 3.74 million sq. m at the end of H1 2019. Most of the retail stock is represented by shopping centers – 57%, followed by retail parks – 35% and commercial [...]
April 2019: The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country (16 counties in Transylvania and Banat areas), which [...]
Last year, new retail projects with a cumulative area of approximately 104,000 square meters have been delivered in Romania, with no new retail project being completed in Bucharest. At a city-based level, the highest retail space density can be found [...]
Romania’s modern retail stock amount to 3.62 million sq. m at the end of H1 2018 and is represented mainly by shopping centers; Bucharest accounts for almost 40% from the total modern retail stock; Throughout the first half of 2018, new [...]
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