Real estate
Iulius and Atterbury start work on €550 million mixed-use scheme in Cluj
Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.
The Romanian residential market is currently navigating a complex boomerang effect as construction costs remain resilient despite previous forecasts of a decline, according Dr. Sebastian Sipos-Gug, analyst for Romania at Eastern European Construction Forecasting Association (EECFA).
Romanians are spending more on cinema experiences as economic pressures drive a shift towards leisure-oriented consumption. Cinema revenues reached approximately €63 million in 2025, up 16% compared to 2024 and around 10% above pre-pandemic levels, according to Colliers data.
Construction costs and plot acquisition have become the primary concerns for real estate developers in Central Europe in 2026, affecting 27% and 25% of companies respectively, according to a Deloitte report.
Globalworth, the biggest owner of offices in Romania, announced that Building D of the Green Court complex in Bucharest has reached over 60% occupancy just five months after construction began.
Nearly half of companies in Romania expect employees to come to the office three to four days a week in 2026, as hybrid working becomes more structured, according to a survey conducted by Colliers among 101 companies.
MLP Group reported in 2025 revenues of €99.2 million (+15% year-on-year) and net profit of €108.3 million (+25% year-on-year), while achieving a record 370,941 sqm of new and renewed lease agreements.
America House, the office building located at Victoriei Square in Bucharest's CBD, has reconfirmed its Breeam International In-Use Outstanding rating, maintaining its position among the top sustainable office buildings in Romania.
Romania's Competition Council is analyzing the transaction through which Pavăl Holding, controlled by the Pavăl brothers, intends to acquire the Carrefour group in Romania.
BT has granted Globalworth financing of nearly €40 million for the development of the fourth office building within the Green Court complex in northern Bucharest.
The residential market in Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period last year, while in Ilfov County the decline was 10.9%, according to an analysis by Crosspoint Real Estate,
Lidl Romania continues to invest in the country and announces for the financial year 2026 (1 March 2026 – 28 February 2027) an expansion plan of over €285 million.
Over 20,500 new homes could be delivered in Bucharest and its surroundings in 2026, according to a new report by SVN Romania.
Romania's residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).
AFI Romania has announced that all four buildings within the AFI Arad retail park have achieved LEED Gold certification. The certified buildings include AFI Arad Strip Mall, AFI Arad McDonald's, AFI Arad Leroy Merlin and AFI Arad Shopping Gallery.
Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.
Mark Twain International School (IS) is preparing to open a new flagship campus in Balotești, representing a €30 million investment in private education in Romania. The opening is scheduled for September 2028.
Romania's green certification market remained active in 2025, with over 4.6 million sqm of real estate space receiving sustainability credentials despite European changes to reporting obligations.
Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.
German group Ireks, a producer of baking ingredients for bread and confectionery, has acquired a 13,000 sqm land plot in Chitila, near Bucharest, in a deal brokered by Cushman & Wakefield Echinox.
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
Accor has announced the signing of a franchise agreement with Romanian investor MKS PROD to open a new Mercure hotel in Craiova, the second largest city in southern Romania.
Public real estate investor Star Invest has launched a capital increase operation to raise up to €12 million following approval from Romania's Financial Supervisory Authority.
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
Coresi Business Campus, owned by Ceetrus, is set to expand in H2 2026 with a new building featuring 11,000 sqm of leasable space.
Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.
Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.
Romanians are spending more on cinema experiences as economic pressures drive a shift towards leisure-oriented consumption. Cinema revenues reached approximately €63 million in 2025, up 16% compared to 2024 and around 10% above pre-pandemic levels, according to Colliers data.
Affidea Romania continues its expansion plan in integrated medical services and announces the acquisition of five centres: Phoenix clinics in Bucharest, Arad, Sf. Gheorghe, Sighetu Marmaţiei and GMH Clinic in the capital. The Affidea network now reaches 81 clinics in 33 cities.
The Iran war continues without a clear end, and financial market participants are beginning to consider a scenario where the conflict extends over months rather than weeks, according to an Ebury analysis.