Braiconf plans mixed-use scheme in Brăila

Business Forum

24 March, 2025 at 8:15 AM

Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.

The company estimates it will need €10 million to develop its new Braiconf Plaza project.

The funding will be sourced through a mix of private investment, bank financing, and other partnerships. The move will have to be approved by shareholders in the next meeting slated for April 24.

The project, with a planned leasable area of over 26,000 sqm, will include retail, commercial, office and residential components.

Notably, the site will also include industrial units for textile production, preserving the area's manufacturing heritage.

The project's design emphasises sustainability, incorporating features such as green terraces, solar panels, electric car charging stations, and geothermal climate control.

The concept of the mixed-use development was created by NBC/Architect, according to an official presentation. The company did not mention any estimated date for the start of construction.

Regional retail centres lead Romania's property investment in 2025

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.

Real estate

CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest

CPI Romania concluded 2025 by strengthening its position as a key player on the Romanian real estate market, with a portfolio of 280,000 sqm of modern office space, representing 8% of Bucharest's modern stock. The shopping centres in the company's portfolio recorded an occupancy rate of 98%, while Sun Plaza Bucharest launched a remodelling process.

Real estate

Romania's land market nears €450 million in deals during 2025

Romania's land market closed 2025 with transaction volumes similar to 2024 levels, totaling nearly €450 million. Political uncertainty and fiscal adjustments affected the first half of the year, but market sentiment improved after elections, with the final months delivering some of the strongest results in recent years, according to Colliers.

Real estate

Property investment in Romania to hit €800 million in 2026

The commercial real estate investment market totalled approximately €525 million in 2025, and transaction volumes this year are projected to hit the €800 million mark, according to Colliers Romania data.

Real estate

Speedwell starts construction of mixed-use project in northern Bucharest

Speedwell has entered the development stage of Queens District, a mixed-use project in northern Bucharest. The development will deliver 237 apartments and 22,500 sqm of zero-carbon offices.

Real estate

Romanian investors expect rent rises and demand stability

Major real estate investors in Romania anticipate rental growth in 2026, particularly in the office segment, while occupier demand shows signs of consolidation rather than expansion, according to a new study by Cushman & Wakefield Echinox.

Real estate

Property leasing in Romania keeps steady in Q3, says CBRE

CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.