In the first three quarters, 186,000 square meters of commercial centers and retail parks were completed nationwide, compared with 180,000 square meters of new retail space in the entire 2024.
Developers have announced they would build another around 30,000 square meters of new spaces by yearend, leading to a total of around 217,000 square meters for the entire 2025.
“The results of the retail market in 2025 demonstrate the resilience and significant potential of the sector, even amid a challenging economic context,” commented Dana Radoveneanu, Head of Retail Agency Cushman & Wakefield Echinox.
Romania modern retail stock stands at 4.80 million square meters (a density of 252 square meters per 1.000 inhabitants), while projects topping 700,000 square meters of GLA are under various stages of construction and planning, set to be delivered by the end of this decade.
(English version by Catalina Apostoiu)