Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox.
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
Luxury residential prices in 2025 will continue to increase, but at a more moderate pace compared to previous years.
APS Group, an alternative asset management investor, has fully purchased IMO Property Investments Bucharest, part of Eurobank Group, for an undisclosed amount.
Repaco Capital and Weststar Real Estate have delivered the Crevedia Retail Park, near Bucharest, following an investment of €15 million that was partly financed by BT.
Losan Depot was founded in 2005 under the name Losan Melapal, as a producer of melamine-coated chipboard and countertops, a name well-known to furniture manufacturers.
M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.
Camelia Ene has been appointed CEO of Roca Industry, the first Romanian holding company of construction materials manufacturers. She is replacing Ionuț Bindea, who hold the roles of Chairman of the Board and Senior Investment Manager of Roca Investments.
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
Most valuation reports were in relation to bank loan guarantees (60%), but the impact of this category in the total turnover was of only 33%, as it includes many small properties.
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar.
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting.
KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project.
Colliers consultants forecast economic growth of just over 2% in 2025, but caution that there are significant risks we could result in a softer outcome.
The most valuable apartment sold during this period is a four-room penthouse with a lake view and a rooftop terrace, sold for €530,000 plus VAT.
Softeh Plus will move its headquarters in Timpuri Noi Square starting this spring.
Peștera Wellness & Spa Hotel officially opened its doors to tourists in December, 2024, marking a significant milestone as the first 5-star accommodation in Dâmbovița County.
Victor Constantinescu, Managing Partner & Co-Head of firm-wide Real Estate at Kinstellar Romania, talked to Property Forum about the key deals of 2024 and shared his expectations for the year ahead.
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces. The publication maps Romania's flex ecosystem through an innovative framework co-created with European coworking experts Pauline Roussel and Dimitar Inchev from Twofifty Consulting.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).