Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.
Three projects opened in Q3 2025, all located in Transylvania. Agora Arad, the largest at 36,000 sqm, reopened following refurbishment and repositioning. The Cushman & Wakefield Echinox retail team provided strategic consultancy during the leasing process, attracting retailers including Romania's first Senic supermarket. Zacaria Retail Park Cisnadie (8,600 sqm) and the third phase of Prima Shops Sibiu (4,500 sqm) also completed in Q3.
Dana Radoveneanu, Head of Retail Agency Cushman & Wakefield Echinox said: "The retail market performance throughout 2025 reflects resilience and potential of this segment, even in a challenging economic context. The fact that in the first nine months alone we have already surpassed the total 2024 new supply shows the confidence developers and retailers have in the local market."
Romania's modern retail stock stands at 4.80 million sqm (252 sqm per 1,000 inhabitants), while projects exceeding 700,000 sqm are in various construction and planning stages for delivery by decade's end. Prime rents remained stable in Q3, with flagship units on Calea Victoriei in Bucharest quoted at around €70 per sqm per month, while major shopping centres achieve €50-90 per sqm per month for 100-200 sqm ground floor spaces.
Major upcoming projects include Cluj Mall (130,000 sqm) and Rivus Cluj (120,000 sqm), both in Cluj-Napoca, along with Galați Retail Park (41,000 sqm) and several extensions to existing centres.
