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

01.17.2023

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe and the largest shopping mall owner in Romania, obtained a green loan worth EUR60 million, for more

12.21.2022

Law firm Wolf Theiss has advised AFI Europe on obtaining a EUR450 million credit facility for the purposes of refinancing its three shopping centers in Romania – AFI Cotroceni in Bucharest, AFI more

12.06.2022

The e-commerce segment has strongly developed in Romania over the last ten years, especially during the pandemic and, according to public data analyzed by Clean Recycle, approximately 10,000 online more

11.24.2022

Romania’s capital city Bucharest places 37th in a ranking of the world’s most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, having an average more

11.16.2022

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe and the largest shopping mall owner in Romania, has opened flexible office spaces in five more

11.16.2022

Cometex, a real estate developer part of Altex group, has completed the sale of Bucovina shopping centre of Suceava to businessman Andrei Mandachi, with the value of the deal standing at EUR7 million. more

10.12.2022

Law firm Reff & Asociaţii Î Deloitte Legal provided legal assistance to investment fund NEPI Rockcastle in the acquisition of the stake held by Carrefour in the shopping center Ploiesti Shopping more

09.08.2022

Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has invested EUR2 million in implementing an omnichannel shopping solution which consisted in launching a new more

09.02.2022

Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, had a net profit of RON13.6 million in the first half of 2022 as compared to a net loss of RON36 million 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

06.08.2022

NEPI Rockcastle, the biggest shopping center investor and developer of Central and Eastern Europe, has resumed its expansion in Romania, both in Bucharest and in Craiova. more

05.23.2022

Unirea Shopping Center (SCDM.RO), which operates two retail centers in the cities of Bucharest and Brasov, on Monday said it registered a book loss of RON33 million in 2021, compared to a net profit more

05.20.2022

Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, where it more

04.06.2022

Several local entrepreneurs have in the past two years tapped into a too little developed field in Romania, that of zero-waste stores, and want to drive this market segment closer to the level of more

03.29.2022

Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture with MAS more

01.28.2022

Businessman Omer Susli, owner of home décor retail chain Homelux, bought Vitantis Shopping Center from investment fund Revetas Capital Advisors. more

12.06.2021

According to PwC, consumers are returning to in-store shopping in greater numbers, and out-of-home entertainment and travel are on the rise as three in five (61%) express optimism about the future, more

11.29.2021

Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, on Monday said it registered a loss of RON36 million in January-June 2021, compared to a net result of more

11.24.2021

Unirea Shopping Center (SCDM.RO), a company that runs two shopping centers in Bucharest and Brasov, announced on the Bucharest Stock Exchange on Wednesday that the Financial Supervisory Authority more

11.10.2021

Romanians are inclined to tend to buy more online amid the restrictions and social behavior changes triggered by the COVID-19 pandemic, according to the Google “Smart Shopper” survey conducted in more

10.27.2021

Major shopping center developers and owners have new nationwide expansion plans, but are now hurt by rising energy costs and the falling purchasing power on the market is likely to hinder their more

07.09.2021

Romania’s Financial Supervisory Authority (ASF) has approved the public offer document whereby Unirea Shopping Center, which manages two shopping centers in Bucharest and Brasov, seeks to buy more

06.28.2021

Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, had a turnover of RON56.7 million in 2020, down 5% on the year, and a net profit of RON5 million from more

06.23.2021

French real estate group Catinvest will start construction works in July to expand the Electroputere Parc shopping center in Romania’s southern city of Craiova by an additional 5,500 square meters more