05/03/2026
Global Vision, in partnership with , announces the start of development for a new retail park in Constanța, expanding their commercial real estate footprint in Romania.
Designed as a high-quality, sustainable retail destination, the project is built to meet evolving consumer needs while generating operational value for tenants and the wider community.
Phase 1 highlights:
• 35,000 sqm land plot
• 2,300 sqm anchor space for a leading food retail chain
• 4,000 sqm commercial gallery
“Developing this new retail park in Constanța is a natural step for us. It’s designed to meet the needs of both retailers and shoppers, while also being a solid, reliable addition to the existing portfolio for our investors. By carefully selecting tenants and planning the project in phases, we’re creating a space that works well for the community and makes sense from an investment business perspective.” said , CEO & Founder, Global Vision.
Construction of Phase 1 is scheduled to commence in Q3 2026, with delivery targeted for the second half of next year. The subsequent two phases will further scale the project, adding approximately 7,000 sqm of additional retail gallery space, including entertainment uses, alongside around 10,000 sqm allocated to a DIY store operator, significantly expanding the overall commercial offering