The company has launched Mall Moldova in Iași, with Cushman & Wakefield Echinox providing strategic consultancy to the developer, according to rli.uk.com.
With a retail space of approximately 125,000sq m, Mall Moldova will feature over 250 stores, the largest cinema in eastern Romania and an entertainment area spanning over 10,000sq m. The collaboration between the developer and Cushman & Wakefield Echinox has resulted in a diverse tenant mix.
The Romanian retail market is currently experiencing significant growth, with 735,000sq m of retail projects completed between 2020 and 2024, a quarter of which were developed by Prime Kapital, according to Dana Radoveneanu, Head of Retail Agency at Cushman & Wakefield Echinox.
Further expansion is anticipated, with plans for over 600,000sq m of retail spaces by 2028/2029 in cities like Cluj-Napoca, Bacău, Galați, Arad and Bucharest.
Mall Moldova is the largest retail project to be delivered this year and its completion will position Iași as the second-largest regional city in terms of modern retail stock with 231,000sq m, following Timișoara’s 264,700 sq m.
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