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 Investment Marketbeat H2 2025

The real estate investment market recorded a total volume of €514 million worth of transactions across 2025, corresponding to a decrease of 31% when compared with 2024 and marking the 2nd lowest annua...

Read more

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 ...

Read more

Bucharest Office Marketbeat Q4 2025

A gross take-up volume of 85,000 sq. m was registered in Q4 in Bucharest, while the total for the year reached 282,200 sq. m, corresponding to a 23% decrease compared with 2024. The net take-up had a ...

Read more