Tag: retail (196 articles)

Real estate   |   23 September, 2026 at 8:58 AM

Nhood joins Regata Imobiliare to develop Satul German in Moldova

Nhood has become the development partner of Regata Imobiliare for the commercial component of Satul German, a large-scale urban development project in the Republic of Moldova. Under the mandate, Nhood will provide integrated development, leasing, property management and asset management services, with the aim of supporting the project's long-term performance.

Real estate   |   21 September, 2026 at 7:51 AM

Romania's land market under significant transformation

Romania's land market is undergoing a significant transformation, with plots carrying clear zoning status, approved Zonal Urban Plans and the ability to enter development rapidly becoming the most sought-after assets, according to Crosspoint Real Estate, the International Associate of Savills in Romania. The value gap between fully entitled land and plots lacking planning documentation is continuing to widen.

Real estate   |   16 September, 2026 at 1:51 PM

Romanian construction project-starts fall sharply in H1 2026

The value of newly started construction projects in Romania fell considerably in the first half of 2026, with declines recorded across almost every submarket, according to the EBI Construction Activity Report Romania Q2 2026, prepared by Eltinga, Buildecon and iBuild. "Q1 was relatively strong, but not enough to change the overall downward trend. A combination of economic slowdown, persistent inflation, elevated interest rates, and reduced public spending continues to constrain the market," said Dr. Sebastian Sipos-Gug of Ebuild srl.

Real estate   |   9 September, 2026 at 11:02 AM

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Real estate   |   26 August, 2026 at 10:06 AM

CPI Romania adds new retailers to Sun Plaza

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.

Real estate   |   19 August, 2026 at 11:31 AM

NEPI Rockcastle raises full-year guidance after H1 2026 results

NEPI Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported net operating income of €318 million for the first half of 2026, a 3.8% year-on-year increase. The result was driven by rental indexation, active leasing and tighter cost control, with a recovery rate of 96%. Like-for-like tenant sales rose 2.7%, supported by a 3.3% increase in average spend per visit. Occupancy stood at 98.2%, and a €126 million valuation uplift brought the total portfolio value to €8.4 billion.

Real estate   |   19 August, 2026 at 11:06 AM

Romania retail sales top €42 billion in 2025

Romanians spent more than €42 billion in major retail chains in 2025, up 5.6% on 2024 and 77% above the 2019 level, according to the Romania Retail Snapshot 2026 report published by Cushman & Wakefield Echinox, based on the financial results of 125 companies across 13 retail segments. Retailers recorded an average annual revenue growth of 10% between 2019 and 2025, outpacing cumulative inflation over the same period.

Real estate   |   23 July, 2026 at 7:30 AM

Romanian commercial real estate financing jumps 15%, hits 54% of corporate loans

Romania's commercial real estate sector accounts for 54% of loans granted to non-financial companies and recorded a 15% annual increase in financing, according to an analysis by Cushman & Wakefield Echinox based on data from the National Bank of Romania (NBR). At the end of March 2026, credit institutions' exposure to the sector reached RON 116 billion, up 15% year-on-year.

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.

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Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

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.