Real estate

Colliers cuts Romania retail delivery forecast for 2026
Real estate

Colliers cuts Romania retail delivery forecast for 2026

Romania's modern retail market added approximately 80,000 sqm of new retail space in the first half of 2026, down from around 122,000 sqm in the same period last year, bringing total stock to more than 5.2 million sqm, according to a Colliers report. The decline was largely due to the absence of large-scale projects, with the Mall Moldova extension having accounted for nearly 50% of first-half deliveries in 2025. Colliers has revised its full-year 2026 delivery estimate by approximately 35%, from around 230,000 sqm to 150,000 sqm. The largest completions in the first half of 2026 were the Arena Mall extension in Bacău (approximately 17,000 sqm) and the first phase of Urbano Shopping & Living in Cluj-Napoca (around 15,000 sqm), alongside Aurora Retail Park in Bacău, the Electroputere Parc extension in Craiova and Galeriile Iris in Târgoviște, each contributing approximately 10,000 to 12,000 sqm.

Business Forum   |   5 August, 2026 at 4:36 PM

Mercure opens first hotel in Oradea, Romania

Mercure Hotels & Resorts has opened the Mercure Oradea, its first property in the city. The 90-room hotel is situated in the western part of Oradea, providing access to the historic city centre, the Oradea Arena and the city's main business districts. The project was developed with a €15 million investment under a franchise agreement with local partner Grand Hotel West, a company with a background in hospitality and restaurant services in the city. The hotel is operated by Spark Hospitality, a hotel management company active in Romania and international markets, specialising in lifestyle hotels and resorts.

Business Forum   |   5 August, 2026 at 7:25 AM

SEE Property Forum Awards 2026: Nominations are now open

Property Forum is excited to announce that nominations are now open for the SEE Property Forum Awards 2026! This is your chance to showcase your or your team's outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form. Nominations will be accepted until September 16th.

Business Forum   |   3 August, 2026 at 3:16 PM

Beyond manufacturing: What's putting North East Romania on investors' radar

North East Romania has long been recognised as one of the country's manufacturing centres, but reducing the region's investment story to factories and production lines no longer tells the full picture. Over the past decade, a broader economic ecosystem has begun to emerge, one that combines advanced manufacturing with technology, research, healthcare, logistics and a rapidly evolving business services sector. It is this diversification that is increasingly attracting the attention of investors and will be one of the key themes explored at the inaugural edition of EastGate this September.

Business Forum   |   31 July, 2026 at 1:19 PM

Survey reveals Romania job security shift

A survey by Genesis Property finds that job security in Romania is increasingly tied to adaptability rather than employment stability alone. More than 60% of employees say their current role provides stability without sufficient development opportunities, or leaves them feeling stuck, while only 14% feel fully secure and confident about their career prospects. Half describe themselves as relatively secure but watching their company and market closely. The survey was conducted online in July among 1,026 internet users across Romania.

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