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BUCHAREST RETAIL MARKET 2023

The modern retail stock in Bucharest reached 1.31 million sq.m at the end of H1 2023. The stock consists of 17 shopping centers with a total GLA of 769,000 sq.m (59% of the stock), 13 retail parks comprising of a GLA of 432,000 sq.m (33%), while 6 commercial galleries (105,000 sq.m GLA) cover the remaining 8%.

The 6th District of Bucharest has the largest retail stock, with 313,000 sq.m, being followed by the 3rd District, with 278,000 sq.m of modern retail spaces, while the 5th district has both the lowest stock (64,000 sq.m) and density (166).

 

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