GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region.
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country's IT&C industry, according to a report by iO Partners.
Romanian developer Forty Management plans to raise up to €5 million from a bond sale in a bid to finance its international projects.
Recently, Romanians want homes with high curtain walls, which imitate glass buildings, to offer a generous glazed space that maximizes natural light.
The disposable income gap between CEE economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centres that dominate the CEE's shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle's latest research concludes.
Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
he financing includes a loan to be used for the construction of the development in the amount of €28.5 million.
The Group currently operates 23 logistics parks, with strategic emphasis on urban logistics projects and Big Box facilities.
IMPACT had 333 pre-sold units in all projects as of September 30, 2024, with a total value of RON 193 million.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
VGP leases 4,580 sqm to Rondocarton Romania for storage operations at VGP Park Timișoara.
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO.
Under his leadership, Bog'Art Building Management aims to elevate industry standards by leveraging the expertise and strengths of the Bog'Art Group in construction.
Rețele Electrice România, the electricity distribution operator and part of the PPC group in Romania, invested approximately RON 1.4 billion (€280 million) in 2025 in modernisation and digitalisation projects across its distribution networks.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
Purcari Wineries has announced that its Romanian subsidiary Crama Ceptura has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer located in Vârstecoiu Commune, Vrancea County.
Auchan Romania is consolidating its transition to green energy, accelerating the integration of renewable sources in its operations.
Vastint Romania has partnered with Digi Group for the sixth edition of its blood donation campaign, taking place for the first time at Timpuri Noi Square on 6 April 2026.