Romania could reach Hungary’s commercial stock in 2008
Note that this information is outdated.
Romania has the ninth-biggest estimated stock of underway commercial centers in Europe, with 850,284 sqm in the pipeline, according to a study recently released by Cushman & Wakefield.
The local stock to be delivered is higher than the pipeline figures for Hungary, the Czech Republic and Bulgaria, says the report.
With Hungary set to receive 349,000 sqm more shopping space and Romania some 850,000 sqm, Romania is likely to reach its western neighbor's stock of shopping centers in 2008, approximately 1.4 million sqm.
However, neither country will be able to surpass Poland soon, which now numbers more than 6.5 million sqm of shopping centers
and is likely to add 1.4 million sqm to this amount, according to the report.
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