M Core’s development pipeline in Romania tops €200 million

11
Jun
2025
News - M Core’s development pipeline in Romania tops €200 million #CMS Cameron McKenna #Colliers #Deloitte #iO Partners #M Core #Optim #retail #Romania #Schoenherr #Sebastian MacDonald-Hall #Sentient

by Property Forum | Retail

M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.


Since the start of 2025, the company has acquired Focșani Shopping Centre from KBC, Suceava Shopping City from Argo Capital, and seven retail parks from property investor MAS. 

At the same time, M Core has completed six retail developments.

Key additions to M Core's portfolio are Focșani Shopping Centre, spanning 45,000 sqm with a 92% occupancy rate, and Suceava Shopping City, with 43,100 sqm of leasable space and a 99% occupancy rate. 

The seven fully occupied retail parks acquired from MAS, totaling approximately 32,000 sqm, are located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni. They will be integrated into the company’s portfolio under the M Parks brand.

Sebastian Macdonald-Hall, CIO (Europe) at M Core, said: “Our sustained investment in Romania underscores our long-term commitment to the market and confidence in the sector’s resilience. We continue to identify high-calibre assets that align with our strategic vision and enhance the retail experience for tenants and consumers alike.”

M Core was advised on these acquisitions by CMS Cameron McKenna, Schoenherr, Deloitte, Colliers, iO Partners, Sentient and Optim.




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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