Agora Mall Arad reopens following major refurbishment

Business Forum
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.

RECOMMENDED
Retail deliveries in Romania fall 15% in 2024
Real estate

Retail deliveries in Romania fall 15% in 2024

New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox. 

Romanias main retail street records 9% rent growth
Real estate

Romania's main retail street records 9% rent growth

Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.

RECOMMENDED FROM THE HOME PAGE
Industry

Symmetrica appoints new CEO

Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.

READ MORE
Business Forum  |  3 September, 2025 at 3:30 PM
Business Forum  |  3 September, 2025 at 1:31 PM