Real estate

Business Forum   |   4 June, 2025 at 1:40 PM

IGD sells shopping centre in southern Romania

Immobiliare Grande Distribuzione (IGD) has sold the Winmarkt Crinul Nou shopping centre, located in Alexandria, southern Romania, to a private Romanian investor, for €3.3 million.

Business Forum   |   30 May, 2025 at 4:05 PM

Over 50,000 new apartments expected in Bucharest-Ilfov region

The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.

Business Forum   |   30 May, 2025 at 12:39 PM

Timișoara leads regional office market in Q1 2025

Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors. 

Business Forum   |   29 May, 2025 at 3:30 PM

Romania emerges in CEE as contender for living sector investments

Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.

Business Forum   |   27 May, 2025 at 6:31 PM

Location remains paramount for premium homebuyers in Bucharest

Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.  

Business Forum   |   23 May, 2025 at 12:39 PM

Terra Romania invests nearly €3 million in new HQ

Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

Business Forum   |   22 May, 2025 at 10:49 AM

Bucharest's industrial market among the fastest growing in EU

Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.

Business Forum   |   22 May, 2025 at 9:05 AM

Romania's retail market sees significant growth in Q2 2025

The Romanian retail market experienced a substantial surge in April and May 2025, with approximately 150,000 sqm of new retail schemes delivered, including the super-regional Mall Moldova in Iași. 

Business Forum   |   21 May, 2025 at 10:21 AM

Get to know the 50 most influential people in Romanian real estate

Property Forum is proud to present the fifth edition of its annual listing of the 50 most influential people in the Romanian real estate market. The publication, along with all previous editions, is now available on the Property Forum website.

Business Forum   |   20 May, 2025 at 1:39 PM

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

Business Forum   |   20 May, 2025 at 1:17 PM

Romania and Poland stand at political crossroads

Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania's traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.

Business Forum   |   20 May, 2025 at 9:26 AM

Romania's construction sector sees growth in Q1 2025

The Romanian construction sector recorded a 3.1% growth in the volume of works in March 2025 compared to March 2024, adjusted for the number of working days and seasonality, according to the National Institute of Statistics (INS).

Business Forum   |   19 May, 2025 at 7:24 AM

Pro-EU shift in CEE: Bucharest mayor wins, Warsaw next?

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.

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Real estate

Vastint Romania signs first tenant for TNS Phase 2

Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.