Towns of 20,000–50,000 Inhabitants Catch Developers’ Attention
After two decades of expansion focused on major urban centers, Romania’s modern retail market is now turning toward smaller and mid-sized cities. According to a report by Colliers, communities with 20,000–50,000 inhabitants are drawing growing interest from investors, fueled by rising incomes and demand for modern shopping formats.
Romania currently has a modern retail stock of around 70 sqm per 1,000 inhabitants in towns under 100,000 people — between two and eleven times less than in Slovakia or the Czech Republic. By comparison, Slovakia exceeds 800 sqm/1,000 inhabitants, while Poland and the Czech Republic stand at roughly 500 sqm. This gap positions Romania as one of the most promising retail development markets in Central and Eastern Europe.
Read full article here: turnovernews.com
Photo: freepik.com
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