Romanian entrepreneur buys office building in northern Bucharest
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
The office space market across CEE experienced a slowdown in demand during Q1 2025, with less than 30,000 sqm of office space delivered across the region, according to Cushman & Wakefield Echinox.
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Marriott International plans to expand its presence in Romania by adding five new properties and over 550 rooms by the end of 2028.
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand.
Schindler Romania, part of the Swiss manufacturer of elevators and escalators, is set to move its HQ to Business Garden Bucharest.
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.
The Romanian industrial and logistics market has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox.
Romanian hotel manager Amstar Management has sold two projects in Bucharest for an undisclosed amount.
Recent market data by CBRE confirm the resilience of the industrial and retail sectors, which are seeing a sustained pace of construction this year.
Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.
Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield.
A recent study by Raiffeisen Bank, in collaboration with global market research company Appinio, reveals that three out of four respondents are planning home renovations in 2025.
Romania stands out in the CEE as an increasingly attractive destination for investors in the industrial and office real estate sectors, a Colliers analysis reveals.
Tchibo Brands Romania is moving its headquarters to Vastint's Business Garden Bucharest, occupying 1,130 sqm on the 4th floor of Building A.
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
Romanian real estate group Pavăl Holding, controlled by the Pavăl brothers, has taken over the Ethos House office building, in northern Bucharest, from Anastasios Gotsis for an undisclosed sum.
Bucharest's hotel market is experiencing a strong recovery, with significant growth in key performance indicators, according to Cushman & Wakefield Echinox.
Romania's commercial real estate sector recorded total investment volumes of €169 million during Q1 2025, more than double the volume of the previous quarter and nearly on par with the same period last year, according to a report by CBRE.
Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).

Romania's eCommerce market reached approximately €8.1 billion in 2025 and could exceed €8.5 billion in 2026. However, growth is entering a more competitive phase than in previous years, according to a report by MerchantPro.
Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE. The company plans to grow its local team to over 140 employees throughout 2026, with current capacity for 180 workstations and room for further expansion.
The National Road Investment Company (CNIR) has submitted documentation to the National Public Procurement Agency for the tender of an Express Road connecting the A0 Bucharest North Motorway to the future Terminal 2 of Henri Coandă-Otopeni International Airport. The estimated investment value exceeds RON 400 million (€80 million).
Romanians work some of the longest hours in Europe, with an average of 38.8 hours per week surpassing the European Union average according to Eurostat.
Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.