02
Jul
2025
Jul
2025
Retail spending of Romanians up 7.1% in 2024
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.
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30
Jun
2025
Jun
2025
Colliers Romania appointed to reposition Unirea Shopping Centres
Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.
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26
Jun
2025
Jun
2025
Iulius achieves LEED Platinum certification for retail and office projects
Romanian developer Iulius has successfully secured LEED Operations and Maintenance Platinum certification for five of its retail and office projects across four Romanian cities.
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23
Jun
2025
Jun
2025
Rădăcini Estate invests in retail park near Bucharest
Rădăcini Estate, the real estate division of Rădăcini Grup, is set to develop a modern retail park in the Chitila area. This project, a partnership with general contractor ImoSteel, represents an investment of nearly €8 million.
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18
Jun
2025
Jun
2025
Urbano Group to start €100 million retail investment near Cluj-Napoca
Urbano Group has secured construction permits for the first phase of a commercial park in Transylvania, backed by an investment exceeding €100 million.
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18
Jun
2025
Jun
2025
Meta Estate Trust invests in retail park near Bucharest
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.
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16
Jun
2025
Jun
2025
BHM sells Polish retail parks
BHM group has completed the sale of its ten Polish retail parks to Czech investment company Reticulum, whose real estate and development group MY Park has been currently owning, co-owning, and managing shopping centres in the Czech Republic and Slovakia.
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16
Jun
2025
Jun
2025
SES Spar buys Arkadia Shopping Centre in Slovenia
Generali Adriatic Value Fund has sold the Arkadia shopping centre, located in Domžale, northeast of Ljubljana, Slovenia, to SES Spar European Shopping Centers, for an undisclosed sum.
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13
Jun
2025
Jun
2025
Five star hotel opens after renovation in Prague
After several years of financially demanding renovation, the five-star Fairmont Golden Prague hotel, formerly InterContinental, has opened, reports newstream.cz.
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12
Jun
2025
Jun
2025
Sale of Czech shopping centre moves ahead
The sale of Prague’s Palladium is entering the final stages. According to two independent sources, the first bids have been submitted lately, reports Seznamzpravy.cz. And three finalists have emerged from them.
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Latest news
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
- Domestic capital reshapes CEE investment dynamics
- Accolade Group invests €60 million in Czech industrial park
- Belgrade residential market shows 10% growth in Q3 2025
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
