Real estate

Business Forum   |   2 July, 2025 at 11:28 AM

Retail spending of Romanians up 7.1% in 2024

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 

Business Forum   |   1 July, 2025 at 4:10 PM

Mortgage rates in Romania on growth trend in H2 2025

Mortgage interest rates are projected to increase in the second half of 2025, impacting both fixed-rate mortgages, which constitute over 99% of new mortgage volumes, and variable-rate mortgages, according to a recent analysis by online broker Ipotecare.ro and SVN Romania | Credit & Financial Solutions.

Business Forum   |   30 June, 2025 at 11:38 AM

Colliers Romania appointed to reposition Unirea Shopping Centres

Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

Business Forum   |   27 June, 2025 at 4:23 PM

CEE emerges in race for AI talent

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

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Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

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Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.