Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode in CTPark Bucharest industrial park.
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
Adjusting for inflation shows a more moderate increase of 52.1% over the last 10 years and 8.5% in the last year, indicating a market with a sustainable development.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
InteRo Property Development has announced a €16 million bond issuance to support the development of a Bucharest-based residential complex. The financing was secured through CVI, an independent asset manager overseeing nearly €900 million across eight funds.
Speedwell Development has appointed Maria Jianu as its new Leasing Director, tasked with growing the tenant portfolio and strengthening strategic partnerships for projects such as Queens District, SpacePlus and Paltim.
Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.
The seven acquired malls are located in Fagaras, Focsani, Gheorgheni, Ramnicu Sarat, Sebes, Slobozia and Targu Secuiesc.
Romania recorded a 17% decrease in the number of transactions in January, compared to the same period last year, totaling just over 8,400 property deals, according to data by the National Agency for Cadastre and Land Registration (ANCPI).
Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers.
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
Timpuri Noi Square is a well-designed architectural development that offers excellent connectivity to all parts of the city, with easy access to public transport and road networks.
Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox, talked to Property Forum about the demand trends in the Romanian office market and the outlook for industrial and retail investments in 2025.
Residential developer Homing Properties will invest €35 million in a new complex comprising 140 luxury villas, in Pipera, near Bucharest.
Lion's Head Investments announced its entry into the Romanian logistics market by acquiring a 15.5-ha land plot in Popești Leordeni, in the south of Bucharest.
Industrial developer WDP says it has purchased a 15% equity stake in the company from Jeroen Biermans, Country Manager Romania at WDP.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.