Romania Shopping centres fuell the development activity
Retail & leisureschedule 29 August 2024
Dana Radoveneanu, head of Retail Agency, Cushman & Wakefield Echinox
1 / 1
According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.
Projects with a cumulative area of 78,100 sqm were delivered in Q2 2024, an impressive growth compared with the previous quarter (9,300 sqm) and also with Q2 2023 (17,000 sqm).
The new supply was dominated by the shopping centre format, following the completion of Arges Mall, a 51,400 sqm shopping centre developed by Prime Kapital - MAS Real Estate in Pitesti and the second phase of Fashion House Pallady in Bucharest (5,700 sqm) by Liebrecht & WooD.
Moreover, two retail parks were also del
Already have an account? Log in
77% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Modern offices for modern officials
Modern offices for modern officials
Newmark Polska
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
Walter Herz
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
Axi Immo
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...