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Romania's modern shopping centre stock has outpaced 3 million sq m GLA following the first major delivery of this year, the extension of Shopping City Timisoara with approximatelly 40,700 sq m GLA.
Modern shopping centre stock is now 5 times larger than 10 years ago, while shopping centre density has increased to 150 sq m, corresponding to 63% of EU-average (238 sq m / 1,000 inhabitants).