M Core officially inaugurates M Park Orăștie, enhancing its regional retail footprint in Romania

M Core today inaugurates M Park Orăștie, a newly completed retail park designed to strengthen the group’s presence in key regional markets and to support the continued expansion of its national portfolio of convenience-led retail assets.  Located on a 23,000 sqm land plot, the project delivers a built area of approximately 5,500 sqm. It comprises modern, single-level retail units designed to modern technical and operational standards, offering retailers an efficient platform for expansion and giving local consumers improved access to essential goods and services. The project benefits from a strategic location within an established commercial area of Orăștie, ensuring strong footfall potential and long-term relevance for tenants.

M Park Orăștie hosts a curated mix of well-established brands across fashion, homeware, electronics and everyday essentials, ensuring a complementary  offer aligned with local  market demand and consumer behaviour. 

Sebastian Macdonald-Hall, Co-CEO Romania and Chief Investment Officer (Europe), M Core said: 

“M Park Orăștie is another strong example of how we are building a resilient, long-term retail platform across Romania. The fundamentals in this market remain compelling and our strategy is to invest in places where we see sustained demand, committed occupiers and room for smart growth. This opening reflects the momentum across our portfolio and our confidence in the role convenience-led retail continues to play for communities and brands alike.”

James Fife, Co-CEO M Core Romania, added: 

“Orăștie is a well-established commercial location with a loyal catchment and strong tenant interest, which made it a natural next step in our regional expansion. We are focused on delivering schemes that work operationally for retailers and serve the day-to-day needs of local residents. The early response from the market has been positive, and we expect this asset to perform well as part of our growing Romanian portfolio.”

Clemens Petschnikar, CEO of Square 7, part of M Core, stated:
“The completion of M Park Orăștie reflects our commitment to consolidating a sustainable retail platform. This project reinforces our long-term investment approach, focused on operational excellence, resilient locations and assets that consistently deliver value to both tenants and local communities.”

The development incorporates energy-efficient building solutions and dedicated parking facilities that support sustainable mobility. All technical specifications meet M Core’s internal ESG principles and the Group’s long-term objectives for environmentally responsible investment. M Core continues to expand its Romanian portfolio and remains focused on identifying development opportunities in markets with growth potential and strong retail fundamentals.