Real estate | 16 April, 2025 at 10:08 AM
Prime Kapital to open Mall Moldova this week
Prime Kapital will open Mall Moldova on April 17, with Cushman & Wakefield Echinox providing strategic consultancy to the developer.
Prime Kapital will open Mall Moldova on April 17, with Cushman & Wakefield Echinox providing strategic consultancy to the developer.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
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.
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
Prime Kapital has started the development of close to 600 apartments in Bucharest and Iași following the completion of 700 residential units in both cities.
Romania's retail stock expanded by around 106,000 sqm during H1 2026, with another 205,000 sqm under development that could help the country reach the 5 million sqm milestone at the end of 2026, according to a Colliers report.
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).
Sipex, a Romanian distributor of construction and finishing materials listed on the BVB AeRO market, reported a turnover of RON 66.5 million (€13.38 million).