Romanian Investment Marketbeat H1 2025
Bucharest, September 2025: The retail team of Cushman & Wakefield Echinox has successfully provided strategic consultancy to the developer of Agora Mall Arad (formerly Galleria Arad), which officially reopened on August 28 following an extensive refurbishment and repositioning process. This milestone marks a significant step in revitalizing the retail landscape in western Romania.
As part of the repositioning strategy, the team secured approximately 7,300 sq. m of retail space for a diverse mix of brands, including Senic, Numero Uno, Hada, 18Gym, Maxi Pet, Kamalion. These additions reflect a curated tenant mix designed to meet the evolving needs of the local community and enhance the mall’s appeal as a proximity shopping destination.
Dana Radoveneanu, Head of Retail Agency Cushman & Wakefield Echinox: “Agora Mall project reflects our ability to deliver tailored retail strategies that meet both market needs and consumer expectations. Romania’s retail sector remains dynamic, with regional cities like Arad offering strong growth potential. With a significant increase in the supply of modern retail space this year, and considering the development plans already announced by key players, this segment continues to be a vital engine of investment and growth within the local real estate market.”
Agora Arad, with an area of 36,000 sq. m, was opened last week following a significant refurbishment and refitting process, as the owners have a strategy to reposition the project as a proximity shopping destination with a varied mix of retailers adapted to the needs of the inhabitants in the area.
The mall now features over 1,000 underground parking spaces and is positioning as a modern, family-oriented retail hub. Visitors can enjoy the county’s largest indoor entertainment zone and a unique retail mix, including international brands entering for the first time Romania or Arad. Notably, Action, a major European non-food discounter, will open its first Romanian store here.