Romania Retail MarketView Q1 2021

Romania modern retail stock is slowly but surely advancing to a new milestone, the 4.00 mln sq m threshold, at the end of the first quarter of 2021 summing 3.91 mln. sq m of shopping centers and retail parks.

Of this total, Bucharest, the main shopping centers destination of the country, claims over a quarter, meaning 30%, translated in 1.16 mln. sq m.

During the first quarter of 2021, 17,000 sq m were added to the modern retail stock, consisting of one specialized retail schemes, Sepsi Value Center in Sfantu Gheorghe, Covasna county.