Concurrently, M Core has completed six retail developments and maintains an active pipeline exceeding €200 million in projected developments over the next two years.
Focșani Shopping Centre, a core retail asset spanning 45,000 sq m with a 92% occupancy rate in 2025, further strengthens M Core’s national presence. Home to more than 100 retailers, the centre has demonstrated sustained performance over the past 17 years.
Sebastian Macdonald-Hall, Chief Investment Officer (Europe) at M Core commented: “Our sustained investment in Romania underscores our long-term commitment to the market and confidence in the sector’s resilience. We continue to identify high-calibre assets that align with our strategic vision and enhance the retail experience for tenants and consumers alike. With more than €200 million earmarked for future developments, M Core remains focused on innovation, sustainability, and retail excellence.”
Suceava Shopping City adds further weight to M Core’s portfolio. With 43,100 sqm of leasable space and an exceptional 99% occupancy rate, it serves as a pivotal retail destination for northeastern Romania and neighbouring regions. Its strategic location, resilient operations, and curated tenant mix position it as a benchmark for modern proximity retail.
“The transactions completed by M Core over the past six months underscore the strong performance of the retail sector and reaffirm investor confidence in Romania’s long term fundamentals. The acquisition of Suceava Shopping City and Focsani Mall demonstrate the strategic appeal of the investors for dominant regional assets. At Colliers International, we are proud to have supported M Core with local market insight and transactional expertise throughout this process”, explains Simina Niculita, Partner Head of Retail at Colliers.
Additionally, M Core has acquired seven fully occupied retail parks from MAS, totalling approximately 32,000 sqm of leasable area. Located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni, these assets will be integrated into M Core’s national portfolio under the M Parks brand.
“Following our advisory role in MAS’s disposal of its strip mall portfolio earlier this year, we are pleased to have supported another successful transaction with M Core Group by advising KBC Bank on the sale of Focsani Mall. M Core’s continued acquisitions underscore a growing appetite for income-generating retail assets in strategic locations across the country” said Cristi Moga, Head of Capital Markets at Cushman & Wakefield Echinox.
These transactions form part of M Core’s broader retail expansion strategy, reinforcing its position as Romania’s dominant retail real estate player. Through targeted investments and a forward-thinking approach, the collective remains committed to shaping the future of retail across Romania and Europe.
M Core was advised on these acquisitions by CMS Cameron McKenna, Schoenherr, Deloitte, Colliers, and iO Partners.
