Romania: a country of malls

By: trademagazin Date: 2010. 02. 24. 00:03

In the past 3 years, Romania was the region's most important target for real estate developers. During this period, 33 new shopping centers opened, and the amount of the investments reached 2.5 billion euros.

In other words, on average, every 5 week a new mall was opened in Bucharest and other major cities as Kolozsvár or Constanta, and even in smaller towns as well as Piatra Neamt, Buzau or Alba Iulia. Before the supermarket boom of 2007 and 2009 only a total of 10 shopping centers were operating in Romania – reports, after Ziarul Financiar.

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