CPI Romania adds new retailers to Sun Plaza

Business Forum
CPI Romania is bringing international fashion retailers Primark, Peek&Cloppenburg and Reserved to Sun Plaza in Bucharest, as part of a major refurbishment of the shopping centre. The move is backed by a €100 million club-deal financing secured by CPI Property Group from OTP Bank and ING Bank Romania.

"Securing retailers such as Auchan, Primark, Peek & Cloppenburg and Reserved marks a defining moment in the evolution of the centre," said Geanina Ungureanu, Head of Retail at CPI Romania. "We are remodelling a large area to create a new fashion hub, featuring concepts and services tailored to a modern lifestyle."

Primark will occupy approximately 3,000 sqm, while Peek&Cloppenburg is opening a 3,200 sqm store, expanding its existing relationship with CPI Romania following locations at VIVO! Constanța and VIVO! Cluj-Napoca. Reserved will take approximately 2,200 sqm across two levels.

An Auchan hypermarket of approximately 7,000 sqm is also planned to open by the end of the year, to be complemented by new food and service concepts. Sun Plaza currently hosts 170 stores, and the ongoing works also encompass modernisation of spaces and investment in sustainability.

CPI Romania says the redevelopment is intended to consolidate Sun Plaza's role as a retail and leisure destination in the south of Bucharest. Parent company CPI Property Group holds a property portfolio valued at more than €18 billion across Central and Eastern Europe.

RECOMMENDED
Romanian transaction pipeline points to recovery in H2 2026
Real estate

Romanian transaction pipeline points to recovery in H2 2026

Romania's modern retail stock reached 4,859,000 sqm by the end of Q2 2026, with retail parks accounting for approximately 23% of this area. Deliveries in H1 2026 totalled 84,000 sqm, including the expansion of Arena Mall Bacău, Phase 1 of Urbano Shopping & Living in Cluj-Napoca, and new retail parks in Oradea, Breaza, Bran, and Brașov. A further 68,000 sqm are under construction with delivery scheduled for H2 2026, including ARIA Shopping Centre, One Gallery, and Cometex retail parks, bringing the estimated full-year total to 152,000 sqm. Looking further ahead, nearly 300,000 sqm of new space is in the planning and construction phase for 2027–2028, with major projects including the 120,000 sqm mixed-use Rivus project in Cluj-Napoca, expansions of Promenada Mall Bucharest and Palas Iași, and M Park Galați.

Offices propel Romanias investment market in Q1 2026
Real estate

Offices propel Romania's investment market in Q1 2026

After a period of adjustments, Romania's property market enters 2026 with increased confidence from Romanian investors. These have become a key factor in supporting market liquidity and stability, showing growing interest in income-generating assets, according to a report by CBRE Romania.

Regional retail centres lead Romanias property investment in 2025
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.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.