Agora Mall Arad reopens following major refurbishment

Business Forum

3 September, 2025 at 2:26 PM

Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.

The new 36,000 sqm project is positioned as a local retail destination with a diverse mix of retailers adapted to the needs of the community.

Dana Radoveneanu, Head of Retail Agency, Cushman & Wakefield Echinox, said: "Agora Mall is a clear example of our ability to deliver customised strategies that meet both market demands and consumer expectations. The Romanian retail sector remains dynamic, and regional cities offer solid growth potential. With a significant increase in modern retail space this year, and considering developers' announced plans, this segment continues to be an essential engine for investment and development in the local real estate market."

As part of the repositioning strategy, Cushman & Wakefield Echinox secured leases for approximately 7,300 sqm of retail space for a variety of brands.

AFI Arad achieves LEED Gold for all four retail buildings

AFI Romania has announced that all four buildings within the AFI Arad retail park have achieved LEED Gold certification. The certified buildings include AFI Arad Strip Mall, AFI Arad McDonald's, AFI Arad Leroy Merlin and AFI Arad Shopping Gallery.

Real estate

Regional retail centres lead Romania's property investment in 2025

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.

Real estate

Romania's retail stock second largest in CEE despite low density

Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.

Real estate

Romania's retail market hits 5 million sqm milestone

Romania's modern retail market exceeded 5 million sqm in 2025, following deliveries of approximately 190,000 sqm of new retail space, around 20% above the five-year average, according to Colliers' annual report.

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.

Real estate

Nepi Rockcastle opens its first solar park in Romania

Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.

Real estate

Zabka Group continues expansion in Romania

Froo Romania Retail, part of Zabka Group, has opened a new Froo store in the America House office building in Bucharest's Piata Victoriei area. The lease transaction was brokered by Cushman & Wakefield Echinox.