Zacaria kicks off retail project in Cisnădie

Business Forum
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.

The new Zacaria Retail Park will have a leasable area of 8,600 sqm and will be the first project of this kind in the city. The development will also include green spaces spanning around 2,500 sqm. 

"It is an increasingly common phenomenon for the localities around large cities to develop more and more, and this is happening both in Sibiu and in many other county seat cities. It is well-known that Cisnădie and Șelimbăr, for example, attract more and more residents who prefer to move from Sibiu to the surrounding areas," says Marius Moga, Zacaria's Sales and Marketing Director. 

The retail project is slated for delivery in Q3 2025. The construction is managed by Conlan and the leasing is carried out by CBRE Romania.

RECOMMENDED
Olympian Parks appoints Ana Dumitrache as new CEO
Real estate

Olympian Parks appoints Ana Dumitrache as new CEO

Olympian Parks, owned by Helios Phoenix, has appointed Ana Dumitrache as CEO starting 1st November. The light industrial and logistics platform aims to strengthen its market position and grow towards 500,000 sqm in the medium term by leveraging its existing portfolio and land bank.

Romania retail deliveries surpass 2024 levels in nine months
Real estate

Romania retail deliveries surpass 2024 levels in nine months

Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.

Compa launches second phase of resi project in Sibiu
Real estate

Compa launches second phase of resi project in Sibiu

Compa, one of Romania's largest automotive component manufacturers, announced the second phase of Arsenal Residence, a residential project in central Sibiu next to Sub Arini park. The total investment will exceed €30 million, confirming the company's strategy to diversify its portfolio and actively participate in urban development.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  3 November, 2025 at 6:33 PM
Business Forum  |  3 November, 2025 at 4:39 PM