M Core starts retail park development in Galați

Business Forum
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.

The development will feature approximately 30,000 sqm of built area, hosting international and local retailers including the city's first Leroy Merlin store.

The retail park will include a food court and drive-thru restaurants, along with electric vehicle charging stations. The location provides accessibility for Galați residents and the wider region.

"With this project, we are strengthening our presence in South-Eastern Romania while staying true to our mission of delivering modern, sustainable retail spaces designed to support local development," said Clemens Petschnikar, CEO of Square 7, part of M Core.

The opening is scheduled for Q4 2026. M Core is a family of property investment and management companies with a €7 billion portfolio of assets and 600 employees across Europe, managing over 1,050 assets across the UK, France, Poland, Romania, Germany and Spain.

RECOMMENDED
M Cores development pipeline in Romania tops €200 million
Real estate

M Core's development pipeline in Romania tops €200 million

M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.

UK dominates Romanian real estate investments in Q1 2025
Real estate

UK dominates Romanian real estate investments in Q1 2025

The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.

RECOMMENDED FROM THE HOME PAGE
Finance

DRUID AI secures funding, names new CEO

DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.

READ MORE
Business Forum  |  17 September, 2025 at 5:32 PM
Business Forum  |  17 September, 2025 at 4:06 PM