Colliers Romania appointed to reposition Unirea Shopping Centres

Business Forum
Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

The mandate encompasses developing a new concept study, redefining the commercial spaces, and attracting new tenants who align with the current market context and the specific characteristics of each location. This collaboration comes amidst significant shifts in consumer behaviour among Bucharest residents, influenced by the continuous development of the retail market over the past two decades.

Simina Niculiță, Head of Retail Agency at Colliers Romania, stated: "The appeal and operational model of Bucharest's shopping centres have changed considerably in recent years. In this context, a building like Unirea Bucharest, with its ultracentral location and excellent accessibility, requires a fresh approach – modern concepts aligned with international retail and leisure trends. The potential is immense, and we are confident that many operators, both local and international, will want to join this project, including brands not yet present in the Romanian market."

The owner's objective is to transform Unirea Bucharest into a modern, adaptable multifunctional space, moving beyond the traditional fashion-centric retail model. 

The new concept will integrate a diverse range of functionalities and services, from restaurants, cafes, and rooftop bars to dedicated cultural, sports, and entertainment zones. Additionally, the project considers incorporating co-working spaces or traditional offices to meet the increasingly varied demands of urban consumers and tourists frequenting the central area.

Concurrently, Colliers will also oversee the complete repositioning of Unirea Shopping Center Brașov. This building will undergo extensive renovation, with its reopening estimated for late 2026 or early 2027.

RECOMMENDED
Over 50 flexible workspaces operational in Bucharest
Real estate

Over 50 flexible workspaces operational in Bucharest

Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.

Bucharest office leasing reaches lowest point in four years
Real estate

Bucharest office leasing reaches lowest point in four years

Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.

Dedeman buys land on the border with Bulgaria
Real estate

Dedeman buys land on the border with Bulgaria

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

RECOMMENDED FROM THE HOME PAGE
Industry

JTI expands IT hub in Romania

JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.

READ MORE
Business Forum  |  14 August, 2025 at 4:00 PM
Business Forum  |  14 August, 2025 at 1:10 PM