10.03.2024

Indoor advertising in shopping malls remains one of the most effective methods for brand marketing, as per a survey conducted in the first half of 2024 by Brand Management, the leading indoor more

09.11.2024

Urbanization and the expansion of cities in Romania, through the construction of new housing units, apartment buildings, residential complexes and of new shopping centers in previously underserved more

01.18.2023

Almost 240,000 square meters of new malls, shopping centers or expansions overall are likely to be delivered this year, triple from 2022, when 82,800 square meters of retail spaces were delivered, in more

07.04.2022

Romania has become a very attractive market for the international retailers interested in leasing large surface areas, often covering over 1,500 – 2,000 square meters, in parallel with the plans of more

11.02.2021

Bebe Tei, a brand part of Grupul Tei, opened a new store, in Bucuresti Mall-Vitan shopping center, reaching a network of five stores of this type. more

08.30.2021

The ten companies managing Bucharest’s largest shopping centres, occupying a total area of above 740,000 square metres, ended 2020 with overall losses of RON214 million. more

08.04.2021

Companies owning retail parks in Romania saw their turnover slide by just 9.5% in 2020, compared with a 20.6% decline for shopping malls, per a report by real estate consulting firm Cushman & more

11.10.2020

Romanian apparel maker Braiconf Braila (BRCR.RO) has decided to change the strategy regarding its retail segment and will be closing a significant part of its stores located in shopping malls. more

04.02.2020

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10.03.2019

NEPI Rockcastle, the largest investor, developer and operator of commercial properties in Central and Eastern Europe, has decided to extend investments in Romania with a series of residential projects more

04.10.2019

The stock of modern retail space in capital city Bucharest remained stable in 2018, at 1.2 million square meters, 7% higher than the stock in Romania’s Center-West region (16 counties in more

06.21.2017

Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe. more

06.16.2017

Iulius Group, run by Romanian businessman Iulian Dascalu, sold a 50% stake in the shopping malls it holds on the Romanian market, by associating with investment fund Atterbury Europe, with equal more

05.25.2017

Romania ranks third in a ranking of European countries boasting the newest stock of shopping malls, considering that 82% of shopping centers operational at the end of 2016 have been delivered over the more

03.07.2017

Restaurant chain Salad Box plans to dominate half of the total food-court areas in shopping malls, according to Salad Box CEO Dan Isai. more

08.25.2015

Tax authority ANAF is checking up on the balance sheets of several shopping malls and hypermarkets, such as AFI Cotroceni, Unirea Shoping Center, Iulius Mall in Timisoara and Cluj-Napoca, Billa or more

08.18.2015

Real estate developers focused on the opening of new shopping malls in the first six months of 2015, when Romania’s modern retail stock exceeded 3 million sqm, according to a DTZ Echinox report. more

07.27.2015

The higher sales and visitors of Romania’s retailers in AFI shopping malls on the local market during the first half of 2015 is a sign of economic revival, according to David Hay, CEO with the more

04.08.2015

Since taking over as general manager of Douglas perfume retailer in Romania, Lavinia Ivas has coordinated the opening of ten stores, but expansion plans do not halt at the 17 units operated at present more

03.23.2015

Shopping malls Galleria Arad and Piatra Neamt, owned by real estate developer GTC, are valued at EUR8 million, from EUR35 million in 2013, based on the assets purchase offers, while office compound more

12.29.2014

Over 100 projects (shopping malls, retail parks, retail galleries) have been opened in Romania in the past 15 years, and 2015 will bring another three malls, in Bucharest, Brasov and Timisoara, in the more

12.18.2014

Resolute Lar Romania, a company that in 2013 took over the management of Liberty Center mall of Bucharest, plans to turn the project of Rahova district into a shopping center destined to families. more

09.12.2014

The words “mall” and “shopping” entered Romanians’ vocabulary 15 years ago, with the opening, in September 1999, of Bucharest Mall in Vitan district, developed by Turkish group Anchor on the more

09.04.2014

Bucur Obor, a precursor of today’s malls which opened more than 40 years ago in Bucharest, will undergo refurbishing works this year. The basement will host a discounter, while fashion stores of more

07.18.2014

The Sun Plaza mall of Bucharest’s Berceni district posted revenue of EUR15.9 million last year, up 2.5% compared with 2012, cementing its third position in Bucharest malls’ ranking. more