The retail team of Cushman & Wakefield Echinox advised the developer of Agora Mall Arad (formerly Galleria Arad), which officially reopened on August 28, after a renovation and repositioning process. As part of this, approximately 7,300 sqm of commercial space were leased to brands such as Senic, Numero Uno, Hada, 18Gym, Maxi Pet and Kamalion.

“The retail sector in Romania remains dynamic, and regional cities such as Arad offer solid growth potential. With a significant increase in the surface area of modern retail spaces this year, but also considering the plans announced by developers, this segment continues to be an essential driver of investment and development in the local real estate market,” says Dana Radoveneanu, Head of Retail Agency, Cushman & Wakefield Echinox.

Primark, the international fashion retailer, has today announced the opening date of its fourth store in Romania. It will be Primark’s first store in the North-West region of the country, located in VIVO! Shopping Centre, and has created over 130 jobs locally. Primark VIVO! Cluj-Napoca has 3,700 sqm and will open to customers at 10.00am on Tuesday 9th September.

Maciej Podwojski, Head of CEE, Primark said: “We’re delighted to be opening our first store in Cluj-Napoca, a vibrant and fast-growing city. Since arriving in Romania in December 2022, we have seen continued growth and we’re not stopping anytime soon with plans to have six locations across the country by the end of next year. Our team is putting the finishing touches on the store, and we can’t wait to open our doors and welcome customers very soon.”

Fulga Dinu, Country Manager CPI Romania, stated: “Primark’s opening at VIVO! Cluj-Napoca is a key addition that strengthens our goal of making shopping more dynamic and international. As one of the most anticipated brands, Primark brings fresh energy and variety to our mix of retailers, enhancing customer experience. This is an important step in our vision of creating vibrant shopping destinations, and we’re thrilled to see it happen here.”

The new opening is part of Primark’s ambitious growth plans in Central and Eastern Europe (CEE), where the brand already has 16 stores across the region in Poland, Czech Republic, Romania, Hungary, Slovenia and Slovakia.

German retailer Kaufland and real estate developer Cometex, want to start construction of a retail park this year, on the site of a former livestock farm in Pantelimon, right next to the Selgros store.

Kaufland bought land with a cumulative area of about 4 hectares on Bulevardul Biruinței 84. Last year, the German retailer sold a piece of over 1.5 hectares of this property to Dan Ostahie’s company, Cometex, which planned to build a shopping mall under the Aurora brand on this site. The new mall will have a rentable area of about 5,700 sqm and has an estimated development cost of EUR 3.6 million.

Kaufland, in turn, plans to build a new Kaufland store on a land area of about 2 hectares. The targeted hypermarket will be structured on the ground floor and a partial floor and will have a built area of approximately 5,700 square meters. The estimated cost of the investment in this project is EUR 2.4 million.

Source: Profit.ro

The REWE group, which entered Romania in 2001 with the Penny discount supermarket chain, will also bring its BIPA drugstore brand to the local market. The Bipa Romania Drogherie company is already hiring.

BIPA positions itself as a chain of low-priced stores that sells care, beauty and health products. BIPA’s direct competitor on the Romanian market is the German retailer dm.

BIPA has over 500 drugstores in Austria and 139 stores in Croatia. The REWE Group operates over 400 Penny stores locally with approximately 7,500 employees.