Square 7 starts new retail park investment in Bucharest

22
Jul
2025
News - Square 7 starts new retail park investment in Bucharest #Clemens Petschnikar #Eldrive Romania #LCP #M Park Titan #Proudreed #retail #Romania #Sheet Anchor #Sheet Anchor Evolve

by Property Forum | Retail

Square 7, part of M Core, is developing M Park Titan, a new proximity retail project that is slated to open in December 2025.


M Park Titan will offer approximately 8,500 sqm of retail space, aiming to meet the needs of local consumers with a mix of essential services and lifestyle brands.

The project’s diverse tenant mix is designed to provide a convenient shopping experience for residents.

Clemens Petschnikar, CEO of Square 7, part of M Core, said: "M Park Titan is designed as a functional, accessible, and environmentally friendly project, aligned with the real needs of urban consumers." 

The development will include electric vehicle charging stations provided by Eldrive Romania and will adhere to modern green building certification standards.

M Core is a family of property investment and management companies that includes LCP, Sheet Anchor, Proudreed, and Sheet Anchor Evolve. 

The group manages a portfolio of assets exceeding €7 billion and employs around 600 people across Europe.




Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


Latest news

News - Resi Capital by Cavatina kicks off resi tower construction in Warsaw
08
Apr
2026

Resi Capital by Cavatina kicks off resi tower construction in Warsaw

by Property Forum
Resi Capital by Cavatina has laid the cornerstone for Liberty Tower, a 43-storey residential tower at Grzybowska 54 in Warsaw. The developer sold 60 apartments on the highest floors before opening its sales office in February.
Read more >
News - Foster + Partners brings first Romanian exhibition to Iași
08
Apr
2026

Foster + Partners brings first Romanian exhibition to Iași

by Property Forum
The Iulius Foundation has inaugurated Future Proof, the first exhibition in Romania showcasing the work of Foster + Partners, the architecture studio founded by Norman Foster.
Read more >
News - Panattoni secures financing for BTS project in Łódź
08
Apr
2026

Panattoni secures financing for BTS project in Łódź

by Property Forum
Panattoni has secured €22.5 million financing from Bank Pekao for a build-to-suit project in Łódź for Zrew Transformatory. The funds will be used to build a power transformer manufacturing plant.
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