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Developers to Add 250,000 Sqm of Retail Space in Malls in 2019
Real Estate

Developers to Add 250,000 Sqm of Retail Space in Malls in 2019

Real estate developers plan to add 250,000 square meters of malls in Romania by the end of 2019. Only three new projects should be completed this year, in Sibiu, Targu Mures and Balotesti (I...

Loredana Frățilă-Cristescu · 03.01.2019 · 16:23 · 1 min
Mall Country: Romania Went From Zero To 123 Malls In 20 Years
Real Estate

Mall Country: Romania Went From Zero To 123 Malls In 20 Years

The past two decades brought a stock of 123 retail projects in Romania, the history thereof started in 1999, when Turkish-held real estate developer Anchor Grup opened Bucuresti Mall in Vita...

Loredana Frățilă-Cristescu · 16.11.2018 · 00:00 · 1 min
Carrefour And Auchan Anchor Most Malls In Romania
Retail&Consumer

Carrefour And Auchan Anchor Most Malls In Romania

Five of the ten modern retailers – Carrefour with two store formats, Auchan, Cora, Mega Image and Penny Market, anchor local malls and Kaufland, leader of the local retail is getting ready t...

Loredana Frățilă-Cristescu · 26.06.2018 · 09:00 · 1 min
Top Ten Malls In Bucharest Headed Towards RON1B Revenue
Analysis

Top Ten Malls In Bucharest Headed Towards RON1B Revenue

The ten largest shopping centers in Bucharest posted 970 million lei (some EUR210 million) revenue together in 2017, about 20% higher than in 2016, when their revenue stood at RON823 million...

Loredana Frățilă-Cristescu · 18.06.2018 · 10:32 · 3 min
Why 99% of shopping is at the mall? Baneasa Shopping City’ tenant: It is the first choice of most international brands
Companies

Why 99% of shopping is at the mall? Baneasa Shopping City’ tenant: It is the first choice of most international brands

There are several thousands of local and international fashion, cosmetics and accessories brands on the Romanian market, and for each of them the first option for opening new stores is the m...

Ștefan Stan · 07.06.2018 · 00:28 · 5 min
Total Area Of Malls And Shopping Galleries In Romania Down In 2017
Real Estate

Total Area Of Malls And Shopping Galleries In Romania Down In 2017

For the first time in the history of malls in Romania, the total area of malls and shopping centers, i.e. those centers that have a hypermarket or a supermarket as an anchor dropped in 2017,...

Loredana Frățilă-Cristescu · 16.04.2018 · 11:32 · 1 min
Veranda Developer Set To Expand Mall One Year From Inauguration
Real Estate

Veranda Developer Set To Expand Mall One Year From Inauguration

The developer of the Veranda mall in the Obor area of Bucharest will begin work on expanding it one year after inauguration.

Loredana Frățilă-Cristescu · 09.11.2017 · 00:00 · 1 min
Five Failed Malls Turned Into Plants, Logistics Or Office Space
Real Estate

Five Failed Malls Turned Into Plants, Logistics Or Office Space

More than 100 small and large shopping centers have opened in Romania in the past decade but few people know that at least five of them went insolvent or bankrupt and have since been convert...

Loredana Frățilă-Cristescu · 18.10.2017 · 10:41 · 2 min
Baneasa Shopping City, AFI And Mega Mall Account For Half Of Top Ten Mall Revenues In Bucharest
Retail&Consumer

Baneasa Shopping City, AFI And Mega Mall Account For Half Of Top Ten Mall Revenues In Bucharest

The ten largest shopping centers in Bucharest posted 878 million lei (EUR195.1 million) revenue together last year, according to ZF’s calculations based on the data published on the Finance...

Loredana Frățilă-Cristescu · 21.08.2017 · 00:00 · 2 min