Tag: Occupancy (1 articles)

Real estate   |   6 August, 2026 at 11:06 AM

Colliers cuts Romania retail delivery forecast for 2026

Romania's modern retail market added approximately 80,000 sqm of new retail space in the first half of 2026, down from around 122,000 sqm in the same period last year, bringing total stock to more than 5.2 million sqm, according to a Colliers report. The decline was largely due to the absence of large-scale projects, with the Mall Moldova extension having accounted for nearly 50% of first-half deliveries in 2025. Colliers has revised its full-year 2026 delivery estimate by approximately 35%, from around 230,000 sqm to 150,000 sqm. The largest completions in the first half of 2026 were the Arena Mall extension in Bacău (approximately 17,000 sqm) and the first phase of Urbano Shopping & Living in Cluj-Napoca (around 15,000 sqm), alongside Aurora Retail Park in Bacău, the Electroputere Parc extension in Craiova and Galeriile Iris in Târgoviște, each contributing approximately 10,000 to 12,000 sqm.

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