Real estate

Business Forum   |   4 April, 2025 at 9:42 AM

Key business sector becomes top logistics occupier in Romania

E-commerce companies are now among the top 5 occupiers of logistics spaces in Romania, utilising approximately 1 million sqm of industrial and logistics facilities, finds a report by Cushman & Wakefield Echinox.

Business Forum   |   31 March, 2025 at 2:39 PM

Meta Estate Trust reports 15% profit gain in 2024

Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).

Business Forum   |   27 March, 2025 at 1:00 PM

Romania's luxury retail niche ripe for growth

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

Business Forum   |   26 March, 2025 at 1:35 PM

Dedeman buys land on the border with Bulgaria

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

Business Forum   |   25 March, 2025 at 9:35 AM

Central European developers shift focus to labour costs

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.   

Business Forum   |   24 March, 2025 at 5:32 PM

Niro Group opens first Corinthia hotel in Romania

Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.

Business Forum   |   24 March, 2025 at 10:11 AM

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Business Forum   |   21 March, 2025 at 2:10 PM

Banking sector holds low exposure in Romania's CRE

Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 

Business Forum   |   18 March, 2025 at 1:51 PM

CEE-based incentives boosting appeal of offices

Investment incentives across CEE are proving to be a major draw for Research and Development (R&D) and Business Services Sector (BSS) projects, with support reaching up to 70% of qualified costs, according to Colliers' report.

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Finance

BCR profits rise by nearly 20% in Q1 2025

BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024