ROMANIA RETAIL Q1 2023

Despite the modest new supply registered in Q1, developers have announced ambitious plans on the short and medium terms, as projects totaling around 340,000 sq. m are currently under construction, most of them being located outside Bucharest, in cities such as Craiova, Alba Iulia, Arad or Sibiu. NEPI Rockcastle, Prime Kapital – MAS RE, Scallier, AFI Europe or Oasis are the most active developers in Romania, looking to further increase their footprints in the country.