Modern retail for tomorrow's Bucharest: M Core unveils new M Park in Ghencea

M Core is proud to announce the expansion of its Romanian portfolio with a new retail development in Bucharest, strategically located in one of the city’s fastest-growing residential districts, Prelungirea Ghencea.

The upcoming M Park will be situated on a 51,400 sqm plot at Prelungirea Ghencea Street, no. 344–348. Currently in the urban planning phase, construction is scheduled to commence in 2026, with the grand opening anticipated in 2027. Once completed, the centre will serve as a vibrant hub for proximity shopping, setting a new benchmark for convenience and quality in the area.

Spanning approximately 14,400 sqm of built-up area, the future M Park will feature a thoughtfully curated mix of national and international brands, designed to complement the daily lives of local residents. The development will seamlessly blend modern retail convenience with sustainable design principles, supporting both the pace of urban living and environmental responsibility.

Clemens Petschnikar, CEO of Square 7, part of M Core, comments:

“We continuously seek out locations with genuine growth potential, and Prelungirea Ghencea stands out as a prime candidate for long-term investment. Our ambition is to deliver value that extends beyond retail, contributing meaningfully to Bucharest’s sustainable urban development.”

In line with M Core’s ESG commitments, the project will incorporate green technologies, electric vehicle charging stations, and advanced sustainable construction practices, reinforcing the company’s dedication to responsible development.