New retail projects deliveries in the first 9 months of the year exceeded the level recorded in the entire 2024, as 2025 is shaping up to be the second most prolific year over the past decade in terms of new retail space deliveries, according to Cushman & Wakefield Echinox.
Developers completed 186,000 sq. m of new retail spaces in the Q1 – Q3 period, compared with 180,000 sq. m delivered across the entire 2024. Moreover, an extra 30,000 sq. m are due to be delivered by the end of the year, resulting in a total annual supply of 217,000 sq. m.
In Q3 2025, 3 new projects were completed, all of them located in the broad Transilvania region (Arad, Cisnadie and Sibiu). Agora Arad is the largest project delivered in Q3 (36,000 sq. m), followed by Zacaria Retail Park Cisnadie (8,600 sq. m) and the 3rd phase of Prima Shops Sibiu (4,500 sq. m).
The modern retail stock in Romania is of 4.80 million sq. m (a density of 252 sq. m/ 1,000 inhabitants), while projects exceeding 700,000 sq. m GLA are currently in different construction and planning stages, being due for delivery by the end of this decade.
Major retail project in pipeline
| PROJECT | MARKET | AREA(sq. m) |
| Cluj Mall | Cluj – Napoca | 130,000 |
| Rivus Cluj | Cluj – Napoca | 120,000 |
| Galati Retail Park | Galati | 41,000 |
| Nhood Resita | Resita | 35,000 |
| Promenada Mall extension | Bucharest | 32,000 |
| Arena Mall Extension | Bacau | 16,000 |
| One Gallery | Bucharest | 14,000 |
