Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025. 

In a time of shifting consumer behaviours, rising costs, and increasing sustainability demands, retail landlords must do more than simply lease space. Property Forum spoke with Marek Noetzel, COO of NEPI Rockcastle, about how the region’s largest retail investor is adapting its strategy to meet changing market dynamics. From expanding into new cities to rolling out large-scale refurbishments and solar investments, NEPI Rockcastle is focused on curating experiences, driving operational efficiency, and enabling retailer growth across Central and Eastern Europe.

MPC Properties has sold CBRE Immo Outlet Center in Belgrade to PFT Celanova for an undisclosed sum.

Investor interest is diversifying, with hotels and office properties being the most sought-after segments in H1 2025, and a growing trend of repurposing older office buildings into hotels or residential use, according to experts of Colliers Hungary.

M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.

A department store and hotel complex in the centre of Bratislava has been declared a national cultural monument, reports yimba.sk. This is potentially complicating the development plans of the hotel owner, Lordship.

Mitiska REIM has announced the acquisition of OC Cassovia, a grocery-anchored retail centre located in Košice, Slovakia's second-largest city with renovation of the centre to follow soon.

Romania's retail market has consolidated its position as a strategic hub for international brands, attracting over 40 new retailers between 2020 and 2025, according to an analysis by Cushman & Wakefield Echinox. 

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

Monia Dobrescu, Partner at Muşat & Asociații, talked to Property Forum about the key role of ESG in investment decisions, the stronger financing requirements for property developments and the strong points of retail in driving investments in 2025.