Home | Insights | ROMANIA RETAIL Q4 2023

ROMANIA RETAIL Q4 2023

The retail market registered consistent new deliveries in Q4, with new projects with a cumulated GLA of 144,200 sq. m being completed. Therefore, the total 2023 supply amounted to 213,000 sq. m GLA, a record level during the last 7 years. Promenada Craiova, a 80,000 sq m GLA project owned by NEPI Rockcastle and Dedeman, was the largest retail scheme delivered in Q4 2023 and also since 2010.

OTHER INSIGHTS

Romanian Retail Marketbeat Q1 2026

A single retail project was completed in Q1 in Romania, namely M Park Titan in Bucharest, an 8,500 sq. m GLA retail park developed by M Core. However, the new supply is expected to pick up on the shor...

Read more

Bucharest Office Market Q1 2026

The Q1 2026 total office take – up in Bucharest was of only 49,100 sq. m, the lowest level since Q1 2021, marking a 4% y-o-y decrease. However, the net take – up had an 83% share in the to...

Read more

Romanian Industrial Marketbeat Q1 2026

At the end of the Q1, the total stock of industrial & logistics spaces in Romania surpassed the 8 million sq. m threshold. Developers completed approximately 115,000 sq. m of new projects across t...

Read more