Scor picks Business Garden Bucharest for first Romanian office
Vastint Romania has signed a new leasing contract with Scor, one of the world's largest reinsurers, for its first office in Romania.
Vastint Romania has signed a new leasing contract with Scor, one of the world's largest reinsurers, for its first office in Romania.
Romania's commercial real estate investment market recorded approximately €500 million in 2025, down 31% from the previous year, due to the absence of large transactions.
Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.
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.
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.
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.
Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
Bucharest's office market recorded its first year without new project deliveries in over two decades in 2025. On this backdrop, total leasing demand fell by around 25% year-on-year to approximately 250,000 sqm, while new space take-up totalled close to 90,000 sqm, according to Colliers data.
Leventer Medical Group has opened Băneasa Tumor Center Hospital at CPI Romania's myhive Victoria Park building in northern Bucharest.
Pavăl Holding, the investment vehicle of the Pavăl family and majority shareholder of Dedeman, has signed an exclusive negotiation agreement with Carrefour Group to acquire its Romanian operations. This step marks the group's expansion into a new strategic segment: food retail.
Bucharest's flexible office market has reached 74,000 sqm across 48 locations, representing over 2% of the city's modern office stock. The sector grew 8.1% year-on-year in 2025, supported by 5,600 sqm of new deliveries - a 327% increase compared to the previous year, according to an analysis by iO Partners.
Romania's mortgage market registered a new record in 2025, with loans worth €10.9 billion granted at a national level.
GTC's Premium Point and Premium Plaza office buildings in Bucharest have achieved LEED v4.1 Existing Buildings certification at Platinum level.
Office development activity in Bucharest accelerated over the past year, with the volume of projects currently under construction exceeding 200,000 sqm of gross leasable area, the highest level since 2021. At least eight new office buildings are expected to be delivered by the end of 2028, according to a report by Cushman & Wakefield Echinox.
Romania's industrial and logistics market continued growing in 2025, with over 300,000 sqm of modern space delivered, bringing total stock to approximately 8 million sqm, according to Colliers' annual report.
CEE property investment reached a turning point in 2025, with transaction volumes across the region's six main markets totalling €11.6 billion, representing 31% annual growth according to Colliers' latest analysis.
BCR and EBRD are financing NewCold for the development of Romania's first large-scale, fully automated, and digitally integrated cold storage facility.
Horațiu Papakonstantinou-Florescu, Chairman & CEO Romania, Hungary, Greece, Bulgaria, Serbia at Knight Frank, talked to Property Forum about the dominance of lease renewals, the anticipated 2026 delivery wave, and how Bucharest's high yields and infrastructure projects continue to attract multinational tenants.
Demand for industrial and logistics space in Romania increased by 51% in 2025, reaching 1.27 million sqm, the second-highest level in the market's modern history, according to Cushman & Wakefield Echinox.
Romania's modern retail market exceeded 5 million sqm in 2025, following deliveries of approximately 190,000 sqm of new retail space, around 20% above the five-year average, according to Colliers' annual report.
Prime Kapital has obtained the construction permit for the first phase of its new residential project in Silk District: Loom. This represents the fourth stage of the urban regeneration project in Iași, developed on the site of a former silk factory.
Star Residence Invest, the first investment platform listed on the Bucharest Stock Exchange (BVB) dedicated to the real estate sector, has appointed Adrian Tănase as CFO.
Adinel Tudor, CEO of EVO Properties, talked to Property Forum about the evolution of the Bucharest office market, noting that by 2026, the sector will become increasingly polarised. At the same time, he added that tenants are choosing better spaces even if they opt for smaller office surfaces.
Commercial real estate companies remain optimistic about 2026, with 83% expecting revenue growth, according to a Deloitte report. This represents a slight decline from 88% last year, while 68% plan to increase expenses in 2026.

Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.
Digi Communications continues to explore strategic options for its Spanish operations, including a potential initial public offering (IPO) of its subsidiary Digi Spain Telecom.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
Millennials aged between 30 and 45 contracted almost two-thirds of mortgage loans processed by Ipotecare.ro in 2025, according to an analysis based on over 1,000 intermediated financings and over 27,000 simulations.
Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.