Smartown Group sells historic office building in Bucharest
Smartown Group has successfully completed the sale of the historic Dionisie Lupu office building in Bucharest, at a yield of 8.2%
Smartown Group has successfully completed the sale of the historic Dionisie Lupu office building in Bucharest, at a yield of 8.2%
The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.
Urbano Group has secured a financing of over €16 million from BT for the development of Urbano Shopping & Living, a new commercial project located in the Cluj metropolitan area with a total planned investment of over €100 million.
The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.
The Accor hotel chain has announced the opening of its first international brand hotel in Alba Iulia. The new Mercure hotel is the tenth under this brand in Romania.
Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.
French Revolution, the Romanian confectionery brand specializing in artisanal éclairs, has opened its sixth store in Bucharest at Timpuri Noi Square, the office complex owned by Vastint Romania.
Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.
Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.
Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million.
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.
CarmOlimp Group has acquired the Victory Hotel in Vama Veche resort, a year after opening a brewery on the hotel's ground floor.
IPSO Agricultură, a subsidiary of the French group Monnoyeur, will lease a 2,300 sqm space in the Spaceplus Chitila industrial project, owned by Speedwell.
Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.
Romanian public investment fund Lion Capital is the main buyer of a new bond issuance of PK Development Holding, a company controlled by Prime Kapital, which is guaranteed by a mortgage in the recently opened Mall Moldova.
M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.
Local developer One United Properties has signed a preliminary agreement to acquire a plot of land located on the former FLARO industrial platform in Sibiu.
Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.
More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.
Companies in Romania leased over 500,000 sqm of industrial and logistics spaces in H1 2025, marking a significant 25% year-on-year increase compared to the same period last year, according to a report by Cushman & Wakefield Echinox.

Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.
Eight months after Romania liberalised intercounty transport, FlixBus reports over 600,000 passengers have used its national and international routes, with more than 300,000 travelling domestically between July 2025 and February 2026.
The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.
Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.
Recrutopia, a Romanian AI-powered recruitment service, has been launched by Neurony, a Romanian software company, with plans to increase revenues to €6 million this year versus last year's €2.5 million.