Retail spending of Romanians up 7.1% in 2024

02
Jul
2025
News - Retail spending of Romanians up 7.1% in 2024 #Cushman & Wakefield Echinox #retail #Romania #Vlad Săftoiu

by Property Forum | Retail

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 


The study analyzed the financial results of 123 retailers across 13 diverse segments.

Major food stores continue to dominate spending, accounting for €24 billion, or 60.3% of the total. However, this segment saw a more modest 5.2% increase in sales, falling below the 2024 annual inflation rate of 5.6%. DIY stores followed with €4.3 billion (10.9%), then Electro IT with €3.6 billion (9.1%), and Fashion at €2.5 billion (6.2%). Entertainment, included for the first time, recorded the lowest spending. 

Vlad Săftoiu, Head of Research at Cushman & Wakefield Echinox, said: “While spending on food and on daily living remains high, a higher overall growth rate has been recorded by non-food products. This is a positive signal for the retail market, especially as most non-food segments from our study reported double-digit growth, indicating strong potential for operators looking to expand in Romania.” 

The robust turnover increases are attributed to both retail expansions and organic growth, driven by a surge in physical store sales and a significant online presence among most operators.

Developers have actively supported this expansion, delivering approximately 340,000 sqm of new retail spaces between 2024 and H1 2025, both in new schemes or extensions/upgrades of existing projects. 




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


Latest news

News - Warsaw office market starts 2026 with limited construction
17
Apr
2026

Warsaw office market starts 2026 with limited construction

by Property Forum
The Warsaw office market faces an almost complete halt in new supply in the coming months, which will continue to drive rent increases, according to JLL Poland.
Read more >
News - Development JV buys large land plot in Prague
17
Apr
2026

Development JV buys large land plot in Prague

by Property Forum
JSK Investments, Notino Limited and other partners have completed the sale of a full stake in Lusima AD Property, which owns development land on Spojovací Street in Prague's wider city center.
Read more >
News - CTP signs 25,000 sqm Metro lease at Sofia West park
17
Apr
2026

CTP signs 25,000 sqm Metro lease at Sofia West park

by Property Forum
Industrial developer CTP has signed a long-term lease agreement with Metro for a 25,000 sqm warehouse facility at CTPark Sofia West.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy