by Property Forum
Romania's modern retail stock reached 4,859,000 sqm by the end of Q2 2026, with retail parks accounting for approximately 23% of this area. Deliveries in H1 2026 totalled 84,000 sqm, including the expansion of Arena Mall Bacău, Phase 1 of Urbano Shopping & Living in Cluj-Napoca, and new retail parks in Oradea, Breaza, Bran, and Brașov. A further 68,000 sqm are under construction with delivery scheduled for H2 2026, including ARIA Shopping Centre, One Gallery, and Cometex retail parks, bringing the estimated full-year total to 152,000 sqm. Looking further ahead, nearly 300,000 sqm of new space is in the planning and construction phase for 2027–2028, with major projects including the 120,000 sqm mixed-use Rivus project in Cluj-Napoca, expansions of Promenada Mall Bucharest and Palas Iași, and M Park Galați.
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