Over 60% of modern retail space in Romania, concentrated in first 10 big cities (report)
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More than 60% of the total modern retail space in Romania is concentrated in the first 10 big cities, with more than 200,000 inhabitants, according to a report by the real estate consulting firm Colliers.
Currently, Romania has a total modern retail stock of over 4.3 million square meters, of which more than 2.7 million square meters are malls, and the rest mainly retail parks.
"Starting with the first half of last year, real wage growth, i.e. the difference between wage growth and price growth, returned to positive territory. By the end of 2023, wage growth of around 9% in real terms…
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