08.23.2016

German retailer Peek & Cloppenburg has leased an area of 4000 square meters in Timisoara Shopping City project owned by NEPI in western Romania. more

08.08.2016

Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON1.7 million in the first six months of 2016, up fivefold more

07.11.2016

Romania’s Competition Council on Wednesday approved the takeover of Bel Rom Trei and Sibiu Shopping City companies by NE Property Cooperatief, member of South-African investment fund New Europe more

06.30.2016

Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON164,600 (EUR36,300) in the first quarter of the year, versus more

06.28.2016

South-African investment fund New Europe Property Investments (NEPI) on Tuesday said it acquired retail park Shopping City Sibiu from Argo Group, in a transaction worth EUR100 million. more

06.20.2016

Romania’s Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a loss of RON6.5 million (EUR1.4 million), its first negative result more

06.13.2016

Shopping mall Mercur (MRDO), located in downtown Craiova and 93.3% controlled by regional investment fund SIF5 Oltenia (SIF5.RO), has an occupancy rate of 93%, after undergoing renovation over the more

05.30.2016

Shopping Center Veranda, developed by Prodplast Imobiliare in Obor area in Bucharest, has reached an occupancy rate of over 80% by concluding lease contracts with two new retailers, C&A şi Altex, for more

05.25.2016

South-African investment fund New Europe Property Investments (NEPI) has announced it will start the works at Shopping City Piatra Neamt, which is scheduled to be opened at the end of 2016. more

04.13.2016

World Class Romania will open its 20th fitness center in Bucharest in June, following EUR2 million investments. more

03.31.2016

Shopping City Timisoara has been inaugurated on Thursday, following an investment of EUR83.8 million made by South-African investment fund New Europe Property Investments (NEPI), the company said in a more

03.25.2016

Romanian e-commerce is dominated by young buyers, between 20 and 40 years old, while in the Czech Republic or Poland, clients buying clothes online can also be 55-60 years old, said Robert Berza, more

03.11.2016

Nearly 50% of the over 10 million Romanians with internet access get product information online, then shop offline, according to “Consumer Barometer” instrument, developed by Google. more

03.07.2016

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02.23.2016

Veranda Shopping Center, developed by businessman Florin Pogonaru in Obor area, Bucharest, got EUR25.5 million financing from Raiffeisen Bank and Raiffeisen Bank Interntional to partially finance the more

02.16.2016

Some 2.7 million Romanians shopped online at least once last year, spending EUR1.4 billion, about 30% more than in 2014, according to ZF’s calculations based on the data supplied by the National more

02.03.2016

South-African investment fund New Europe Property Investments (NEPI) will complete the second construction stage of Shopping City Timisoara on March 31, 2016, and it will fully inaugurate the shopping more

12.11.2015

Romania ranks last in European Union by online shopping this year, while 1 out of 2 persons in the EU purchased online in 2015, according to Eurostat data. more

11.16.2015

Romanians spend about EUR200 million a year on buying apparel and footwear online or 5% of the total market, ZF has calculated based on market research company Euromonitor data. The percentage may be more

09.25.2015

Immochan Romania, the real estate unit of French-held Auchan group, is considering building a new shopping center in Romania using the Coresi Brasov model, which it opened in March following a EUR60 more

09.24.2015

South-African investment fund New Europe Property Investments (NEPI) is opening Shopping City Deva on Thursday, following EUR14 million investments in expansion and modernization. more

08.27.2015

The largest property owner on the local real estate market, NEPI, has bought Auchan Titan Shopping Center from Germany’s Aberdeen Asset Management in a EUR86 million deal. 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

06.19.2015

The 16 shopping centers in Bucharest, among which Baneasa Shopping City, AFI Palace Cotroceni, Sun Plaza and Bucuresti Mall, generated more than 800 million lei (EUR178 million) in revenue last year, more