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Colliers Report: Small towns are the main options for retail expansion

In the near future, are announced a series of projects in Bucharest and in two of the five largest cities in the country.

However, there is interest from developers for smaller cities as well, as a result of reduced competition that could generate sustainable sales for the right retailers - shows the latest market report conducted by Colliers International.

 

 
"For future shopping centers, it is recommended that the tenant mix to be adapted to the specific area of interest. Food anchor remains essential, but the hypermarket is no longer a differentiator for retail projects. Therefore, new projects that will be launched on the market from now on, will have to have a clear differentiator. Formats that have been developed so far are not enough." said Simina Istrate, Associate Director in Retail Department of Colliers International Romania.

 

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COLLIERS INTERNATIONAL SRL