Happy Group’s arrival in Romania is part of the company’s global development plan, envisaging growth from 40 to 70 units by 2030 and reaching new markets.
On the local market, Happy Group plans to open at least another five restaurants in the next five years in Bucharest.
AFI Cotroceni, owned by real estate developer AFI Europe, has added over 25 brands to its client portfolio this year.
CBRE expects a positive trend on the retail market in 2023, a year that has market the expansion of the overall stock of modern retail space to almost 4.2 million square meters in Romania at the end of 3Q/2023.
(English version by Catalina Apostoiu)