The Romanian commercial real estate market is preparing for a massive wave of investments, with 17 major projects under development totaling 887,400 square meters. The top 10 comes with five large retail projects, four industrial projects and a single office development.
The project pipeline includes 388,000 square meters of retail space (worth approximately EUR 970 million), 367,100 square meters for the industrial sector (about EUR 367 million) and 132,300 square meters of offices (estimated at EUR 330 million).
The largest projects include Cluj Mall (130,000 sqm) and Rivus Cluj (120,000 sqm), both developed in Cluj-Napoca by Prime Kapital-MAS Real Estate and Iulius Group-Atterbury Europe, respectively.