Thursday, 17 September 2026
Chitila Plazza has opened on the north-western edge of Bucharest after securing approximately 4,500 sqm of leases with a group of international and domestic retailers. Colliers coordinated the leasing transactions for the project, which was developed by Rădăcini Estate, the real estate division of Rădăcini Group.
Located on Șoseaua Chitilei close to Bucharest’s ring road, the retail centre is positioned to serve customers from Chitila as well as residential areas in the north-west of the capital. Kaufland provides the grocery component, alongside tenants covering household goods, fashion, cosmetics, fitness and pet products.
Among the largest leases arranged by Colliers are Action and TEDi, which have each taken approximately 900–1,000 sqm. Stay Fit has secured around 1,000 sqm for a fitness facility, while fashion retailer Numero Uno occupies approximately 800 sqm. BIPA has taken more than 600 sqm for its first location in north-west Bucharest, with Animax also joining the tenant line-up.
The opening comes as retail parks continue to attract occupier demand despite a slower pace of new retail development across Romania. Projects serving residential catchments outside major city centres have become an important part of retailer expansion, particularly where locations combine road accessibility with grocery and everyday services.
Romania added approximately 80,000 sqm of modern retail space during the first half of 2026, according to Colliers, compared with around 122,000 sqm during the corresponding period of 2025. The consultancy has reduced its forecast for full-year deliveries to approximately 150,000 sqm.
The slower development pipeline comes against higher construction costs, more cautious household spending and delays affecting some planned schemes. Retailer activity, however, continues to favour established shopping centres and retail parks in locations where operators can reach sizeable residential catchments.
Chitila Plazza reflects this pattern by combining larger international operators with services designed to generate regular local visits. The tenant structure extends beyond conventional retail, with the Stay Fit facility adding a leisure component alongside grocery, fashion, beauty, household and pet-related uses.
Development activity is expected to increase again during 2027. Colliers estimates that the five largest projects currently scheduled for delivery next year could provide approximately 140,000 sqm of additional retail space, with smaller retail parks adding further supply.
The pipeline suggests that retail development in Romania is continuing rather than stopping, although developers and occupiers are becoming more selective about locations and individual projects. Accessibility, surrounding population growth and the composition of the tenant base are becoming increasingly important as investment decisions are made against a less expansionary consumer environment.
The opening of Chitila Plazza provides another example of retail development extending around Bucharest’s peripheral residential areas, where new and established communities are supporting demand for shopping and services closer to where consumers live.
