The stock of modern retail spaces will reach approximately 4.2 mln. sq m in 2022, including 140,000 sq m that will be delivered by the end of the year. It could sound impressive still it is not enough, as many international retailers are interested in entering the Romanian market, and the demand for large areas has been increasing.
The country has become a very attractive market for international retailers.
Numerous advantages contribute to market attractiveness, such as: increased purchasing power, retail spending (11% in Romania, which places our country second after Poland in the CEE region), big interest for new brands, educated workforce, and very low vacancy rate (below 3%).