The areas located in the northern parts of the city will continue to attract the most residential developments, with almost 40% of new housing supply located here.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed.
Noark Electric Romania announces the inauguration of their logistics center in Romania, which will serve the countries in the region.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
The largest urban regeneration project in the North of the Capital - Nusco City has signed a partnership with the renowned Fuksas Architecture Studio.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
Accor group expands its portfolio in Romania with the signing of a new franchise agreement with Paradis Hotels & Resorts for the conversion of the Dana Holiday Club.
The global professional services company has fortified its presence in Romania through an office lease meant to easily accommodate its expansion perspectives
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
The Romanian investment market recorded transactions of around €476 million last year, down by more than half over 2022's cycle high of €1.25 billion.
For Terra Romania Utilaje de Construcții, part of the Austrian group Terra Holding, 2023 was the best year in its history on the local market.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Impact Developer & Contractor (symbol IMP) raised over one million euro in the first 72 hours of issuing the bond offer. The public offer is ongoing until February 23, 2024.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
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
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.