In the East European region, the aggregated construction outlook for next year has remained positive, only the trajectory has changed a little, according to the winter report of the Eastern European Construction Forecasting Association (EECFA).
Nepi Rockcastle has appointed Marius Barbu as COO, effective from April 2026, to succeed Marek Noetzel, current COO and CEO-designate. He has also been nominated as a Board Director and will stand for election at the next AGM in May 2026.
Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.
Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.
Cushman & Wakefield Echinox has completed the sale of the Zenith Conference & Spa hotel in Mamaia to the owners of Steaua de Mare Hotels & Resorts from Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares Management, owned by Dumitru Becșenescu.
Colliers has published a new report focusing on CEE, examining economic and real estate trends across Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. The study shows that 2025 brought moderate economic recovery, easing inflation and rising focus on sustainability, while real estate markets were shaped by modernization, limited new office supply, strong logistics demand and retail park expansion.
Hubix, a Romanian real estate management and investment company, announces a €20 million investment in the development of the Abito Pipera residential project, a mixed-use complex designed for modern urban living and community.
Spanish investment fund Buenavista Equity Partners, formerly GED Capital, has entered into a sale transaction with real estate developer Cordia, owned by Hungarian millionaires Péter and Gábor Futó. The deal involves land located in the Pipera, near northern Bucharest.
Romania's largest office tenants pay more than €260 million annually for modern office spaces, representing less than 1% of their combined 2024 turnover, according to analysis by Cushman & Wakefield Echinox.
First, a new digital real estate listing platform developed in Romania, launched locally this autumn with a modern approach to property exploration and selection. The platform integrates technology, smart filters and a lifestyle-oriented presentation system that helps buyers and renters understand the full context of a property, from travel times to key city landmarks and technical characteristics.
Romanian developer One United Properties has signed a preliminary agreement to acquire a 34,800 sqm plot in Constanța, at the entrance to Mamaia resort, from local developer Alezzi Group.
Romania Sotheby's International Realty has listed a former hunting lodge built for Nicolae Ceaușescu in 1985 for €995,000. The property, now known as Hadar Chalet, is located in Gura Siriului, Buzău county, approximately one hour from Brașov.
The beginning of 2026 will bring lower mortgage interest rates in Romania, both for fixed rates (over 98% of current loans) and variable rates, according to a market report by online broker Ipotecare.ro and financial consultant SVN Romania Credit & Financial Solutions.
Ciprian Ciucu, the Sector 6 mayor, has been elected as the new mayor of Bucharest with 36.16% of the votes secured in Sunday's elections. Based on his recent statements, one of his priorities will be the completion of the Urban General Plan (PUG), which should unlock new real estate developments based on the needs of the city.
Vastint Romania has announced the opening of Saint Roastery Botanica urban café in Business Garden Bucharest.
Global Vision Investment Fund (GVIF) has signed a €4.5 million refinancing agreement with Raiffeisen Bank Romania for its retail project in Oradea.
Allianz-Țiriac Asigurări has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces.
iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.
Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.
Iulius has secured a €305 million syndicated loan facility to strengthen its development strategy. This represents the first unitary refinancing in Romania for a portfolio of multiple buildings with different functions within a mixed-use project - Palas Iași.
Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.
Cushman & Wakefield Echinox has been appointed as the exclusive advisor for the sale of a 37-hectare land plot from the former Electroputere industrial platform in central-eastern Craiova. The property presents development potential for residential, retail, logistics, or light industrial projects.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.