Only those projects with an area of at least 10,000 square meters were considered for the purposes of this story.
“No new shopping centers have been announced in Bucharest until the end of the year, and a new project, Colosseum Mall, with a 16,500 square meter area, should be delivered in 2021 at the earliest,” says Alina Cojocaru, head of valuation advisory with real estate consultant JLL Romania.
The largest project expected to be delivered this year is AFI Palace Brasov (45,000 square meters), part of the AFI Brasov complex AFI Europe is developing. This will be the third mall of the developer, after AFI Palace Cotroceni in Bucharest and the mall in Ploiesti.
Shopping City Targu Mures developed by NEPI Rockcastle and Dambovita Mall Targoviste, developed by Prime Kapital are above 30,000 square meters, too.
Prime Kapital is also working on a project in Sfantu Gheorghe, Covasna, called Sepsi Value Center (16,700 square meters).
Oasis Retail Development & Consulting has two shopping centers scheduled for delivery – phase one of Prima Shopping Center Sibiu (15,000 square meters) and Prima Shops Timisoara (10,000 square meters).
(English version by Loredana Fratila-Cristescu)