Tag: retail (188 articles)

Real estate   |   21 July, 2026 at 4:01 PM

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.

Real estate   |   12 June, 2026 at 10:46 AM

SCF enters Romania with €40 million retail park deal

Czech investment group SCF has completed the acquisition of two Romanian NEST retail parks from developer RC Europe for nearly €40 million. The transaction marks SCF's entry into its fourth country, expanding its Central European retail portfolio beyond the Czech Republic, Poland and Slovakia.

Economy   |   25 May, 2026 at 5:56 PM

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.

Real estate   |   19 May, 2026 at 3:47 PM

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.

Real estate   |   13 May, 2026 at 7:00 PM

Penny Romania surpasses €2 billion revenue in 2025

Penny Romania ended 2025 with revenue of RON 10.6 billion lei (€2.1 billion), marking a 12.01% increase compared to the previous year. The discount retailer opened 40 new stores, reaching 456 units nationwide, and completed its fifth logistics centre in Mihăilești, Giurgiu County.

Real estate   |   13 May, 2026 at 12:30 PM

Romanian retail deliveries slow down in Q1 2026

Romania's retail market experienced a challenging Q1 2026, according to a report by Cushman & Wakefield Echinox. While macroeconomic indicators reflect a period of adjustment, the high street segment and medium-term development pipeline remain robust.

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