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Only three new malls opened in Romania last year

In total, new commercial spaces with a cumulative area of ​​about 126,000 sqm were delivered in 2020 throughout the country.

Thus, the modern retail stock in Romania reached 4.04 million square meters, reflecting an average density of 209 sqm / 1,000 inhabitants.

The stock includes both shopping centers (57% of spaces) and also retail parks (36%) and shopping galleries (7%).

The main deliveries were represented by the retail component of the mixed project developed by AFI Europe in Brașov, with a leasable area of ​​45,000 sqm.

Other deliveries included Shopping City Târgu Mureș (40,000 sqm rentable) developed by NEPI Rockastle and Dâmbovița Mall, the first modern retail project in Târgoviște developed by MAS Real Estate and Prime Kapital, with a leasable area of ​​approximately 33,000 sqm.

The most important project currently under construction and whose delivery is planned for 2021 is the expansion of the Colosseum shopping center in the northwest of Bucharest.

In total, are expected deliveries of 60,000 square meters of modern retail space this year, a decrease of about 50% from the previous year.

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