Events

iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.

Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.

Generali Investments, in partnership with Peakside Capital, has closed the Generali Adriatic Value Fund I (Generali AVF I) following the sale of the Arkadia shopping centre in Domžale. The fund has completed its investment cycle, including the distribution of proceeds to investors and the commencement of its formal closure.