Can government save Romania's retail sector? Should it?
Europe's retail sectors have been devastated by the Covid-19 crisis and the early indications are that just restarting Romania's economy won't be enough to bring back all of the brands and save every shopping center. How does Romania's strategy for supporting its retailers and landlords stack up against the rest of Europe and is it likely to prove effective? This panel dives deep into the realities faced by shopping center operators as well as the current legal environment and how parties on both sides of the fence are dealing with calls to reduce rents. How has this debate evolved in Romania and are the solutions being reached healthy in the long-term?
The speakers in this panel were:
Roxana Dudau | Head of Real Estate | Noerr
Carmen Ravon | Head of Retail | CBRE
Costin Blideanu | Head of Leasing | AFI Europe, Cotroceni Mall