Hotel Galaxy Timișoara, a member of Radisson Individuals, has opened as a 48-room lifestyle hotel at 18-20 Gheorghe Lazar Street in the old city of Timișoara, Romania. The property marks the brand's debut in western Romania and introduces the city's first internationally affiliated lifestyle hotel in the historic centre.
Răzvan Brasla, CEO of Cloud9, spoke to Property Forum about the 2026 residential outlook, where limited supply and administrative hurdles will keep prices stable. He also detailed progress on Cloud9 Evolution, a 15-minute city development featuring an integrated €3 million school.
Portico Investments Group has acquired two grocery assets in Ploiești, Romania, both fully leased to Mega Image, the company announced on LinkedIn.
One United Properties has signed a €80.5 million term facility agreement with UniCredit Bank, with an option to increase the amount to €140 million.
Gijs Klomp, Head of Business Development at WDP Romania, talked to Property Forum about the company's strategic focus on long-term tenant partnerships and built-to-suit developments. He detailed how infrastructure improvements and the defence sector are creating new industrial growth.
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.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
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.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).