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Romania Retail Marketbeat Q1 2024

The delivery of new retail projects in Romania was slower than expected during Q1, as only one scheme (5,000 sq. m GLA) was completed, namely Cometex Hunedoara, this being the lowest recorded quarterl...

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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...

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MAIN STREETS ACROSS THE WORLD 2023

New York’s Fifth Avenue has maintained its position as the world’s most expensive retail street, with Milan’s Via Montenapoleone climbing to second in the global rankings, according to Cushman & W...

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ROMANIA RETAIL Q3 2023

Q3 2023 saw the delivery of Carolina Mall in Alba Iulia, a 29,000 sq. m GLA project owned by Prime Kapital – MAS Real Estate, the largest shopping center completed in the past 3 years in Romania. The ...

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ROMANIA RETAIL REGIONAL CITIES 2023

Total modern retail stock in the Romanian regional cities was of 2.96 mil. sq. m at the end of H1 2023. 100,000 sq.m of retail spaces were delivered in the last 12 months outside Bucharest. 950,000 sq...

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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 com...

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ROMANIA RETAIL Q2 2023

The only retail schemes delivery in Q2 were Funshop Park Vaslui (10,000 sq. m) developed by Scallier and Retail Park Dej (7,000 sq. m) owned by Cometex, the real estate branch of the Altex electro-IT ...

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ROMANIA RETAIL SNAPSHOT 2023

The large retail chains recorded a total turnover which was 16.3% higher than in 2021, a growth rate that exceeds the average annual inflation rate of 13.8% registered in 2022, according to the Romani...

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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, mos...

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ROMANIA RETAIL Q4 2022

During Q4 2022, the retail market registered the completion of new projects consisting of 20,000 sq. m GLA, bringing the total 2022 supply to almost 100,000 sq. m GLA, a level in line with the last fe...

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ROMANIA RETAIL SNAPSHOT 2019-2021

In 2021, the large retail chains recorded a cumulative turnover almost 20% higher than the corresponding one for 2019 (the last fully operational pre-pandemic year), an increase 60% above the consumpt...

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MAIN STREETS ACROSS THE WORLD 2022

New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of 1.756 euro/sq. m/month according to a new global ranking from real estate services...

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ROMANIA RETAIL Q3 2022

Retail projects of over 40,000 sq. m were delivered in Q3 2022, the new supply comprising of three new retail parks in smaller cities (Turda, Turnu Magurele and Miroslava), one retail park in the vici...

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ROMANIA RETAIL Q2 2022

The elimination of all the pandemic related restrictions in March resulted in a consistent initial increase in both footfall and sales in physical stores. However, the high inflation is expected ...

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RETAIL REGIONAL CITIES 2022

Throughout Romania, at a regional level, projects totaling 270,000 sq. m are under construction and in various planning phases in the Central West area, projects which are due to be added to the exist...

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BUCHAREST RETAIL MARKET 2022

The modern retail stock in Bucharest reached 1.26 mil sqm at the end of Q 1 2022. The stock consists of 17 shopping centers with a total GLA of 769.000 sqm 61 of the stock), 10 retail parks comprising...

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ROMANIA RETAIL MARKETBEAT Q4 2021

In Q4 2021, six modern retail projects have been completed, with a total GLA of around 69,000 sq. m, bringing the overall new supply in 2021 to approximately 100,000 sq. m GLA. The most important...

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BUCHAREST RETAIL MARKET 2021 REPORT

The modern retail stock in Bucharest reached 1 25 mil sq m at the end of 2020. The stock consists of 15 shopping centers with a total GLA of 709 000 sq m (57% of the stock), 11 retail parks comprising...

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ROMANIA RETAIL REGIONAL CITIES 2021 REPORT

During 2020 almost 143 000 sq m of retail space was delivered in the Romanian regional cities, with approximately 82 of these deliveries consisting of shopping centers AFI Palace Brasov, developed by ...

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ROMANIA RETAIL MARKETBEAT Q4 2020

Presently, new schemes or extensions to existing projects totaling around 50,000 sq. m are under construction and expected to be delivered by the end of the year, while a number of important projects ...

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ROMANIA RETAIL MARKETBEAT Q3 2020

Only one delivery has been recorded in Q3, namely Dâmboviţa Mall (31,200 sq. m) developed by Prime Kapital, the first modern retail project in Târgovişte. Another major delivery is expected in Q4, whe...

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RETAIL REGIONAL CITIES 2020

At the end of H1 2020, the modern retail stock outside Bucharest reached 2.71 million sq. m. Approximately 56% of the stock is represented by shopping centers, while retail parks and commercial galler...

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BUCHAREST RETAIL MARKET 2020

The Covid-19 pandemic had a significant impact and continues to influence the results of Bucharest shopping centers, but they still remain the main option for most shoppers due to the limited offer of...

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CONSUMER HABITS POST-COVID-19

The Consumer Habits Post-Covid-19 Study shares Cushman & Wakefield Echinox findings resulted from a study in partnership with MKOR Consulting on 600 Romanian respondents, between 14-18 May 2020. T...

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