Aria Shopping Center launches pre-leasing in Bucharest

Business Forum
Aria Shopping Center, a new retail concept in Bucharest's District 6, has launched its pre-leasing phase with a target of 90% occupancy before opening. The center will bring significant commercial activity to the Valea Cascadelor area.

With 6,000 sqm of leasable space, the center targets brands in interior design, DIY, furniture and technical solutions. The demand for spacious, well-connected showroom spaces is growing alongside infrastructure developments and residential projects in the area.

The retail center is designed for brands requiring generous presentation spaces and high visibility. Structured across three levels, Aria Shopping Center offers showroom-type rental spaces with ample parking and easy access for customers and suppliers. 

The building meets nZEB standards and integrates photovoltaic panels for high energy efficiency. Space compartmentalisation is flexible, allowing tenants to configure their showrooms according to specific needs. The pre-leasing phase offers advantageous conditions for long-term pre-lease agreements and preferential positioning selection within the building.

"District 6 is experiencing accelerated development, evidenced by visible infrastructure modernisation, expansion of Parcul Liniei nearby, and continuously expanding residential projects. These factors generate increasing demand for modern commercial spaces," said George Gardin, Country Manager.

The center is part of Valea Cascadelor 21-23 Business Park, a 50,000 sqm logistics complex that includes logistics, industrial and office activities. The investment consolidates commercial activity in District 6 and represents an important step in the broader urban regeneration process. The center's opening is scheduled for the end of the second quarter of 2026.

RECOMMENDED
Romanian investors dominate commercial property market in 2025
Real estate

Romanian investors dominate commercial property market in 2025

Romanian investors led the commercial real estate investment market in 2025, accounting for 34% of total transaction value worth €579.4 million, according to a study by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.

Romanias retail space hits 5 million sqm milestone
Real estate

Romania's retail space hits 5 million sqm milestone

Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.

AFI secures €537 million refinancing for Romanian projects
Real estate

AFI secures €537 million refinancing for Romanian projects

AFI has secured a €537 million refinancing package for three projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. This represents the largest real estate refinancing transaction in Romania, reinforcing AFI's commitment to the growth and development of its projects in the country.

Bucharest high steet rents show 17% increase from last year
Real estate

Bucharest high steet rents show 17% increase from last year

Calea Victoriei in Bucharest recorded the third-highest rent growth among 50 global markets analysed in Cushman & Wakefield's 2025 "Main Streets Across the World" report. With rents at €70 per sqm per month, representing a 17% increase from last year, Bucharest ranks 39th worldwide and 24th in Europe, level with Zagreb.

Intero Property Development sells large land plot in Bucharest
Real estate

Intero Property Development sells large land plot in Bucharest

Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.

CPI Romania completes first phase of Sun Plaza upgrade
Real estate

CPI Romania completes first phase of Sun Plaza upgrade

Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.

RECOMMENDED FROM THE HOME PAGE
Industry

Bozankaya to supply 10 more trams in Timișoara

Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.

Energy

MOL Group reports 11% drop in pre-tax profit during 2025

MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.

READ MORE
Business Forum  |  20 February, 2026 at 5:00 PM