Shopping centres in Romania invest €500,000 in reopening

17
Jun
2020
News - Shopping centres in Romania invest €500,000 in reopening #Colliers #coronavirus #reopening #report #retail #Romania #shopping

by Property Forum | Retail

Shopping centres in Romania have reopened on June 15. In total, investments in all equipment, supplies and staff needed to ensure compliance with the safety and social distancing measures that are still needed to prevent the spread of coronavirus. exceed €500,000 for large shopping centres, according to Colliers International consultants. Shoppers will gradually resume their pre-pandemic habits and traffic in the malls could return to normal during the Christmas season.


Non-food retailers were among those most affected by measures taken during the state of emergency to prevent the spread of coronavirus. The closure of shopping centres has determined retail tenants to revise their revenue expectations for this year, with 45% expecting a drop of more than 30% and 39% expecting a drop of up to 30%, as showed in a study conducted in March by the retail division of Colliers International among 84 tenants and 21 owners in the retail sector in Romania. However, the tenants rely on the summer months to start recovering losses accumulated during the period when the stores were closed, even in the context of an estimated number of visitors at half the level from usual periods. Traffic is expected to increase in the next period and could return to normal in December.

Mobility statistics published by Google, based on data collected from users’ smartphones, suggest a gradual, but consistent recovery of the traffic in commercial and leisure areas. In Bucharest, Cluj-Napoca and Timis, pedestrian traffic in these areas was 30-40% below a regular average at the beginning of June, compared to 80% below normal levels a few months back. In countries where restrictions were lifted earlier, figures look somewhat better and offer hope that the gradual improvement will continue in the next period.

"The reopening of shopping centres starting 15 June is welcomed by shopping centre owners and tenants, which are expecting to begin recovering from the period of inactivity, even if at a not very fast pace, given that visitors will gradually resume their pre-pandemic habits. For the safety of shoppers, malls and shopping centres have taken all necessary safety measures during this period and have established clear procedures for disinfecting common areas and ensuring social distancing, and many retailers will also come with additional measures in their own spaces", says Simina Niculiță, Partner & Head of Retail Agency at Colliers International.

Thus, among measures taken by large shopping centres are gates or special rooms through which the body temperature of visitors can be measured or systems for monitoring the total number of visitors at any time within the centre, so as to limit access to others visitors when the maximum limit set according to the authorities is reached. At the same time, shopping centres are ready to constantly disinfect common areas and escalators with specialized substances or UV lamps and will provide visitors dispensers with disinfectants, and as an additional measure will opt for the introduction of fresh air from outside instead of previous procedures for recirculating air inside the centre.

"Shopping centres have made and continue to make substantial investments in order to provide a safe experience for buyers, respecting all measures to prevent the spread of coronavirus. The transition from the period of inactivity to the new retail rules can be made easier, as visitors' confidence increases, and the activity has all the prerequisites to return as soon as possible. Almost 70% of retail space owners and about half of tenants expect to return to a satisfactory level of business, compared to the levels before the Covid-19 epidemic, during the next year", says Simina Niculiță, Partner & Head of Retail Agency at Colliers International.




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • 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.


Latest news

News - What happened in CEE real estate this week?
20
Mar
2026

What happened in CEE real estate this week?

by Property Forum
This week’s Property Forum news brings a mix of big-ticket developments and longer-term shifts shaping the market. From logistics expansion and new office projects to the growing role of data centres, the stories reflect a region that remains active while gradually adjusting to new demand patterns.
Read more >
News - BIG Poland advances with retail park in central Dzierżoniów
20
Mar
2026

BIG Poland advances with retail park in central Dzierżoniów

by Property Forum
Big Poland is developing a retail park in the centre of Dzierżoniów, responding to demand for modern shopping facilities in mid-sized cities. 
Read more >
News - CityOne Group acquires logistics project in Budapest from Woco Group
20
Mar
2026

CityOne Group acquires logistics project in Budapest from Woco Group

by Property Forum
CityOne Group has announced the acquisition of a manufacturing facility from German automotive supplier Woco Group in Kőbánya.
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