Urbano Group to start €100 million retail investment near Cluj-Napoca

Business Forum

18 June, 2025 at 2:32 PM

Urbano Group has secured construction permits for the first phase of a commercial park in Transylvania, backed by an investment exceeding €100 million.

The first phase of construction will start soon, with the official opening anticipated in Q1 2026.

The permits specifically cover the commercial gallery and essential urbanization elements, including access roads, internal roadways, and utility networks.

Developed on a 25-hectare plot in Florești, within the Cluj Metropolitan Area, the first phase of the Urbano Shopping & Living project will comprise 45,000 sqm of retail and service spaces.

This will include over 30 retailers, featuring a multi-brand commercial gallery (14,900 sqm) as well as various retail formats.

The project is aiming for BREEAM certification with a focus on green solutions, including energy efficiency, renewable energy production, and ecological mobility.

Nhood Romania has been selected as the exclusive leasing agent for the commercial park.

The group's portfolio spans the logistics-industrial, residential, and commercial sectors in the Cluj-Napoca region.

Nhood Romania takes over management of Urbano Shopping & Living

Nhood Romania has expanded its partnership with Urbano Group to take over full integrated property management of Urbano Shopping & Living, Transylvania's largest retail park located in the Cluj metropolitan area.

Real estate

WDP to develop 54,000 sqm distribution centre for Action in Bucharest

The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.

Real estate

Primark to open new store in VIVO! Cluj-Napoca

Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania's VIVO! Cluj-Napoca project.

Real estate

Urbano Group secures funding for commercial park in Cluj region

Urbano Group has secured a financing of over €16 million from BT for the development of Urbano Shopping & Living, a new commercial project located in the Cluj metropolitan area with a total planned investment of over €100 million.

Real estate

Retail deliveries in Romania up 60% in H1 2025

Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025. 

Real estate

Romania leads in shopping centre entertainment

Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.  

Real estate

IGD sells Winmarkt Someș shopping centre in Cluj

Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.

LATEST NEWS

22 Dec

Asian capital drives Central Europe property boom

19 Dec

Bog'Art achieves sustainability targets in advance

19 Dec

New Fidelis bonds listed on BVB

19 Dec

Fitch affirms Nuclearelectrica's BBB- rating with negative outlook

19 Dec

Ebury appoints Cosmin Bucur as new Country Manager in Romania

RECOMMENDED FROM THE HOME PAGE

Economy

Romania leads EU inflation in November

Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.

ESG

Bog'Art achieves sustainability targets in advance

Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.

Energy