Home | Insights | ROMANIA RETAIL MARKETBEAT H1 2019

ROMANIA RETAIL MARKETBEAT H1 2019

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 galleries – 8%.

Romania recorded a solid 5.0% GDP growth in the first quarter of 2019, the second highest in the European Union and more than three times higher than the EU average. Retail sales increased 6.8% y-o-y during the first six months of 2019, a robust increase that is expected to continue going forward. Unemployment is low, reaching 3.9% in May 2019, in comparison with 4.3% in May 2018. The average net income saw an impressive increase – 15.8% y-o-y during the first five months of this year.

The owners of the dominant shopping centers in Romania are experiencing a flourishing period, with occupancy rates close to 100%, as most tenants report record sales.

OTHER INSIGHTS

Romania Industrial & Logistics Market 2025

Romania’s industrial and logistics sector is nearing 8 million sq. m of modern space, with over 60% concentrated within an hour’s drive of Bucharest. Key regional hubs like Timișoara, Brașov, and Cluj...

Read more

European Office Update H1 2025

The European office market is evolving as occupiers adapt to shifting workplace strategies, sustainability demands, and economic conditions. Cushman & Wakefield’s European Office Market Upda...

Read more

Romanian Investment Marketbeat H1 2025

The real estate investment market registered a transactional volume of €391 million in H1, marking a slight decrease of 6% compared with H1 2024, while still being one of the best-performing first sem...

Read more