Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data.
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026.
Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.
The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
The 1,000-hotel milestone was achieved in 2024 with a spate of standout openings that included Mercure London Earls Court and Mercure Chandigarh Tribune Chowk.
The company plans to invest €2.8 million in a new office building that can accommodate up to 100 people.
Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector.
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
Operational costs are expenses incurred by tenants, which are added to the rent and together compose the occupancy costs.
CTP has announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj.
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
Property Forum is excited to announce that for the first time ever, we're inviting our readers to select the winner of one of our SEE Property Forum Awards. Voting for the Real Estate Company of the Year category is open now and closes at the end of the day next Monday (23:59 on 7 October).
WasteTracker is an intuitive, easy-to-use tool designed by experts from the real estate industry. It consists of a weighing terminal, and an analytical system.
VAUNT facilitates the sales process for real estate developers through a series of modules it provides for lead management, closing contracts, transaction tracking and more.
The project will be developed on a total land area of 65,000 sqm and will comprise 140 villas with a total built-up area of 32,000 sqm.
Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.
Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year our team has received a record number of nominations so narrowing the list down was not an easy task. The winners will be selected soon by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala on 22 October, part of our annual SEE Property Forum conference.
NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project.
iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool.
The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year's event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.
Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.