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

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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