More than 750,000 sqm of retail projects are currently under construction or in planning across Romania, with delivery scheduled by 2029, according to the Romania Retail Marketbeat Q4 2025 report published by Cushman & Wakefield Echinox. If all announced developments are completed, the country’s modern retail stock could exceed 5.6 million sqm, up from the current 4.8 million sqm.
Among the most active developers are NEPI Rockcastle, Iulius Group in partnership with Atterbury Europe, Prime Kapital together with MAS Real Estate, as well as M Core and Scallier.
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In 2025, 208,000 sqm of retail space were delivered, 16% more than in 2024. The largest completion was Moldova Mall in Iași (125,700 sqm). In Bucharest, the luxury segment expanded with the opening of TOFF Galleries (Știrbei Palace).
Recent deliveries have pushed Romania to second place in Central and Eastern Europe in terms of total modern retail stock, after Poland. However, in terms of density, Romania remains the lowest in the region, with 252 sqm per 1,000 inhabitants.
Prime rents rise on Calea Victoriei
The only significant rental increase in 2025 was recorded on Calea Victoriei in Bucharest, where prime rents reached €80/sqm/month, up 33% year-on-year. In dominant shopping centers in Bucharest and major regional cities, ground-floor units of 100–200 sqm command rents between €50 and €90/sqm/month.
Photo: freepik.com
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