Real estate

Business Forum   |   27 June, 2025 at 8:12 AM

Commercial and resi real estate brace for higher taxes in Romania

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Business Forum   |   26 June, 2025 at 4:21 PM

Fitch affirms Globalworth's BBB- rating

Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.

Business Forum   |   26 June, 2025 at 9:42 AM

Catinvest names Manager for Aparthotel Craiova

French real estate group Catinvest has appointed Win Advisors as Administrator of Aparthotel Craiova, which was inaugurated earlier this year within ElectroPutere Parc in Craiova, following a €12 million investment.

Business Forum   |   25 June, 2025 at 12:53 PM

WDP to develop 54,000 sqm warehouse near Bucharest

Industrial developer WDP has announced the development of a new sustainable distribution centre, spanning approximately 54,000 sqm, for an international retailer at WDP Park București – Ștefănești.

Business Forum   |   25 June, 2025 at 12:37 PM

Hubix becomes shareholder in Sibiu resi complex

Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.

Business Forum   |   24 June, 2025 at 8:38 PM

ELI Park Iași secures BREEAM certification

ELI Park Iași, the industrial project developed by Element Industrial, has achieved BREEAM certification, making it one of the most sustainable industrial developments in the Moldova region. 

Business Forum   |   24 June, 2025 at 6:39 PM

Schrack Technik Romania opens €15 million logistics centre near Bucharest

Schrack Technik Romania, the local subsidiary of the Austrian group Schrack Technik, a producer and distributor in the electrical installations and equipment market, recently inaugurated a logistics centre for electrical materials, following a €15 million investment.

Business Forum   |   24 June, 2025 at 8:06 AM

Speculative development is slowing in industrial

Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company's strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.

Business Forum   |   23 June, 2025 at 11:23 AM

Rădăcini Estate invests in retail park near Bucharest

Rădăcini Estate, the real estate division of Rădăcini Grup, is set to develop a modern retail park in the Chitila area. This project, a partnership with general contractor ImoSteel, represents an investment of nearly €8 million.

Business Forum   |   23 June, 2025 at 11:11 AM

Olala! acquires two hotels in Bucharest for €5 million

Olala! is strengthening its strategic expansion in the Romanian market with the acquisition of two hotels located in central Bucharest – Hotel Duke Romană and Hotel Duke Armenească – in a €5 million transaction.

Business Forum   |   18 June, 2025 at 2:00 PM

CTP to deliver BTS facility in Pitești for DEHN

Industrial developer CTP will build a 9,500 sqm custom-built production facility for DEHN within CTPark Pitești, a strategic industrial hub in Southern Romania.

Business Forum   |   17 June, 2025 at 4:00 PM

CEE industrial market becomes more selective and data-driven

The industrial real estate market in CEE has entered 2025 with strong momentum. According to new market data released by iO Partners, the total stock of industrial space has reached 34.4 million sqm in Q1 2025, marking a 1.1% quarter-on-quarter increase. 

Business Forum   |   12 June, 2025 at 7:05 AM

Erste and BCR refinance office building in Bucharest

Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.

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ESG

Bog'Art achieves sustainability targets in advance

Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.

Finance

New Fidelis bonds listed on BVB

Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.