Real estate

Business Forum   |   2 March, 2026 at 8:51 AM

Concordia Partners secures €14.5 million for Bucharest resi project

Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.

Business Forum   |   27 February, 2026 at 5:38 PM

Impact Group posts 34% profit gain in 2025

Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.

Business Forum   |   26 February, 2026 at 5:00 PM

Romanian hotel industry hits record stays in 2025

Romania's hospitality industry recorded the highest number of hotel nights in three decades during 2025, according to Colliers' annual report. Despite a challenging economic backdrop in H2 2025, interest in Romanian travel remained strong, particularly among foreign tourists who generated nearly 5 million overnight stays.

Business Forum   |   26 February, 2026 at 4:30 PM

Regional retail centres lead Romania's property investment in 2025

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.

Business Forum   |   26 February, 2026 at 1:45 PM

CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest

CPI Romania concluded 2025 by strengthening its position as a key player on the Romanian real estate market, with a portfolio of 280,000 sqm of modern office space, representing 8% of Bucharest's modern stock. The shopping centres in the company's portfolio recorded an occupancy rate of 98%, while Sun Plaza Bucharest launched a remodelling process.

Business Forum   |   26 February, 2026 at 1:16 PM

Veranda Mall secures €36 million refinancing from CEC Bank

CEC Bank has provided €36 million financing to Veranda Obor, owner of Veranda Mall shopping centre. The facility will refinance existing exposure, support development plans and enable capital distributions to shareholders.

Business Forum   |   26 February, 2026 at 8:33 AM

CTP leases record 2.33 million sqm last year

Industrial developer CTP recorded gross rental income of €759.8 million in 2025, up 14.4% year-on-year with like-for-like rental growth of 4.5%.

Business Forum   |   25 February, 2026 at 9:51 AM

Nepi Rockcastle posts net operating income hike of 11% in 2025

NEPI Rockcastle, the largest owner of shopping centres in CEE, said its net operating income rose 11.2% year-on-year to a record €618 million in 2025, while the distributable earnings increased 6.7% to €441 million.

Business Forum   |   23 February, 2026 at 9:50 AM

Aya Properties Fund sells Record Park office complex in Cluj

Aya Properties Fund has sold Record Park, an office complex in Cluj-Napoca, to BT Property through Inno Investments in a deal that marks the first completed investment cycle for the Belgium-based fund.

Business Forum   |   20 February, 2026 at 1:08 PM

Bucharest's unoccupied homes stock more than doubles in decade

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Business Forum   |   19 February, 2026 at 3:30 PM

Romania's construction volume close to new record in 2025

Romania's construction market reached near-record levels in 2025, with work volumes growing almost 8% in the first eleven months compared to the previous year, according to Colliers' annual report. The sector now represents 9% of GDP, the highest share in the European Union and well above the 5% EU average.

Business Forum   |   19 February, 2026 at 8:00 AM

Romania's retail stock second largest in CEE despite low density

Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.

Business Forum   |   17 February, 2026 at 2:30 PM

Romanian investors drive 30% of property deals in 2025

Romanian investors became the most important source of capital on the local real estate market, generating approximately 30% of transaction volume in 2025 and accumulating nearly €1.8 billion in investments over the past decade, according to Colliers' annual report.

Business Forum   |   17 February, 2026 at 8:47 AM

Bucharest housing prices double, in certain areas, in past five years

The average selling price for new homes in Bucharest has increased by over 50% in the last five years, from €1,480 per sqm to €2,273 per sqm. During the same period, average rent rose by 45%, from €8.6 per sqm per month to €12.3, according to research by iO Partners Romania.

Business Forum   |   16 February, 2026 at 1:00 PM

CTP completes 54,000 sqm warehouse in southern Bucharest

Industrial developer CTP has completed a new 54,000 sqm building at CTPark Bucharest South, located in Popești-Leordeni, south of Bucharest. The first tenants have already begun operations in the new space.

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CEE emerges as Europe's new defence industry powerhouse, says KPMG

CEE is transforming from Europe's periphery into a defence industry powerhouse, according to a new KPMG study. The region's combination of cost efficiency, industrial capacity, and strategic location is attracting investment as European defence spending increases.