Romania Strong retail in Romania

Approximately 100,000 sqm of retail spaces were delivered last year, with retail parks having an 80 pct share, while cities such as Bucharest, Timisoara, Pitesti, Turda, Baia Mare, Slatina and Miercurea Ciuc benefited from such investments. The new supply will significantly increase in 2023, as over 230,000 sqm of retail spaces are currently under construction and are planned to be completed by the end of the year, a total which would represent a record for the last six years. New projects cons