Real estate

Business Forum   |   10 December, 2025 at 11:11 AM

Romanian office tenants spend less than 5% of revenue on rent

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.

Business Forum   |   10 December, 2025 at 10:37 AM

First launches digital real estate platform in Romania

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.

Business Forum   |   9 December, 2025 at 9:02 AM

Ceaușescu's ex-hunting lodge in Romania listed for €995,000

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.

Business Forum   |   8 December, 2025 at 1:28 PM

Romanian mortgage rates set to drop in early 2026

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.

Business Forum   |   8 December, 2025 at 11:00 AM

New Bucharest mayor focuses on delivering key plan for real estate development

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.

Business Forum   |   4 December, 2025 at 10:26 AM

Andrei Văcaru named Managing Director of iO Partners Romania

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.

Business Forum   |   4 December, 2025 at 9:36 AM

Romania's retail space hits 5 million sqm milestone

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.

Business Forum   |   3 December, 2025 at 1:32 PM

Iulius secures €305 million refinancing for Palas Iași

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.

Business Forum   |   3 December, 2025 at 10:34 AM

Globalworth starts new office development in Bucharest

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.

Business Forum   |   3 December, 2025 at 10:00 AM

Former industrial platform in Craiova up for sale

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.

Business Forum   |   1 December, 2025 at 12:54 PM

GTC posts stable cash flow despite revaluation losses

GTC reported rental revenues of €152 million in the first nine months of 2025, up 9% from €139 million in the same period of 2024. The increase followed the acquisition of a residential portfolio in Germany, which contributed €18 million, partially offset by a €4 million decrease after the sale of the GTC X and Matrix C properties.

Business Forum   |   27 November, 2025 at 6:09 PM

M Core opens new retail park in Orăștie

M Core has inaugurated M Park Orăștie, a retail park designed to strengthen the group's presence in regional markets and expand 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.

Business Forum   |   27 November, 2025 at 2:10 PM

AFI secures €537 million refinancing for Romanian projects

AFI has secured a €537 million refinancing package for three projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. This represents the largest real estate refinancing transaction in Romania, reinforcing AFI's commitment to the growth and development of its projects in the country.

Business Forum   |   27 November, 2025 at 11:16 AM

Romania's mall entertainment market triples to €30 million

The active entertainment component within shopping malls in Romania was valued at €28-30 million in 2024, excluding competitive socialising venues such as bowling and billiards, which are also growing rapidly. This represents almost three times the market size compared to 2019, finds a study by Nhood Romnaia.

Business Forum   |   27 November, 2025 at 10:23 AM

LPP expands to 125,000 sqm in CTPark Bucharest West

CTP has signed an 11-year lease agreement with LPP Logistics for a new 60,000 sqm distribution centre at CTPark Bucharest West. The facility will bring LPP's total space within the park to 125,000 sqm.

Business Forum   |   27 November, 2025 at 9:31 AM

Bucharest housing prices surge 60% in past six years

Housing prices in Romania's major cities have increased by 60-90% over the past six years, making apartments increasingly unaffordable in central areas, according to a report by Colliers Romania. Bucharest saw a 60% rise, while Cluj leads with a 100% surge and Timișoara recorded 90% growth.

Business Forum   |   26 November, 2025 at 9:39 AM

Bucharest premium property prices double amid supply shortage

The premium residential market in Bucharest has experienced a price surge over the last few years, reaching record levels, particularly in sought-after areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanti. This trend results from a combination of factors influencing both supply and demand within this niche segment, according to an analysis by Cushman & Wakefield Echinox.

Business Forum   |   25 November, 2025 at 3:43 PM

CEE real estate investment surges 38% on nine months

Confidence is returning across CEE real estate markets, with investor sentiment shifting from cautious optimism to execution, according to Colliers. The region continues to demonstrate resilience, supported by moderating inflation, solid household consumption, and strong employment levels.

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