Zacaria kicks off retail project in Cisnădie

23
Jan
2025
News - Zacaria kicks off retail project in Cisnădie #CBRE Romania #Cisnădie #Marius Moga #Romania #Sibiu

by Property Forum | Retail

Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.


The new Zacaria Retail Park will have a leasable area of 8,600 sqm and will be the first project of this kind in the city. The development will also include green spaces spanning around 2,500 sqm. 

"It is an increasingly common phenomenon for the localities around large cities to develop more and more, and this is happening both in Sibiu and in many other county seat cities. It is well-known that Cisnădie and Șelimbăr, for example, attract more and more residents who prefer to move from Sibiu to the surrounding areas," says Marius Moga, Zacaria’s Sales and Marketing Director. 

The retail project is slated for delivery in Q3 2025. The construction is managed by Conlan and the leasing is carried out by CBRE Romania.




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  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

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  • 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.
  • 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.


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