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Cushman & Wakefield Echinox: Slow first quarter for retail supply, but consistent recovery is expected for the rest of the year

Cushman & Wakefield Echinox: Slow first quarter for retail supply, but consistent recovery is expected for the rest of the year
thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.

Ramnicu valceaCzech republicCometex hunedoaraDana radoveneanuCushman wakefield echinoxHead of retail agency cushman wakefieldWakefield echinoxBarges mallPrime kapitalOasis consultingEastern europeRetail agency cushman

After a slow first quarter in terms of retail new supply, the rest of the year will be very active

The retail market in Romania had a slow start this year in terms of development activity. However, a consistent recovery is expected for the rest of the year, as projects totaling approximately 120,000 sq. m are scheduled to be completed in the coming months.

Dana radoveneanuHead of retail agency cushman wakefieldRetail agency cushman

The development activity in the retail market remains animated: Close to 215,000 sq m were delivered in 2023

Developers completed 11 retail projects in 2023, totaling approximately 215,000 sq. m, a record level during the past 7 years, with retail parks having a 60% sh.

Alba iuliaCluj napocaCushman wakefield echinoxPromenada craiovaJimmy keyDana radoveneanuKiko or happy groupHead of retail agency cushman wakefield echinoxCushman wakefield echinox retail agencyIulius groupWakefield echinoxPrime kapitalCosmopolis plazaHappy groupRetail agency cushmanWakefield echinox retail agency

The development activity in the retail market remains animated: Close to 215,000 sq m were delivered in 2023

Developers completed 11 retail projects in 2023, totaling approximately 215,000 sq. m, a record level during the past 7 years, with retail parks having a 60% share, with cities such Bucharest, Craiova, Alba Iulia, Arad, Giurgiu, Vaslui benefiting from such investments.

Romania generalCluj napocaAlba iuliaRamnicu valceaPromenada craiovaNhood resitaRivus clujNhood ceetrusRockcastle dedemanDana radoveneanuAtterbury europeHead of retail agency cushman wakefield echinoxCushman wakefield echinox retail agencyIulius groupPrima shopping centerRetail agency cushman

Close to 215,000 sqm of retail spaces were delivered in 2023, the highest level during the last 7 years

Close to 215,000 sqm of retail spaces were delivered in 2023, the highest level during the last 7 years
thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.

Alba iuliaCluj napocaPromenada craiovaDana radoveneanuCushman wakefield echinoxIulius groupHead of retail agency cushman wakefield echinoxCushman wakefield echinox retail agencyWakefield echinoxPrime kapitalCosmopolis plazaRetail agency cushmanWakefield echinox retail agencyJimmy key