Real estate

Business Forum   |   20 February, 2025 at 9:38 AM

Infrastructure and retail drive Romanian construction in 2025

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

Business Forum   |   19 February, 2025 at 9:59 AM

IGD sells Winmarkt Someș shopping centre in Cluj

Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.

Business Forum   |   18 February, 2025 at 9:47 AM

Mall developments return strong in Romania

In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.

Business Forum   |   13 February, 2025 at 12:05 PM

Bucharest office leasing down 20% in 2024

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

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Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.