Business Forum
| 17 July, 2026 at 2:27 PM
tbi bank is providing REDESIGN with €7.85 million in financing over 24 months to complete the first buildings in the second phase of the Stejeriș project in Brașov, located on Calea Poienii, the main road connecting Brașov and Poiana Brașov. The loan, repayable in full at maturity, will support construction of seven boutique residential buildings with 46 apartments, already at an advanced stage and expected to be completed by the end of 2026. The value of this phase is estimated at €26 million, with approximately 60% of apartments already pre-sold.
Business Forum
| 17 July, 2026 at 1:46 AM
Roxana Frăţilă, Partner, Head of Real Estate & Construction at CMS Bucharest, talked to Property Forum about the investment growth in secondary cities, the integration of renewables, and the need for robust legal frameworks to support complex urban-regeneration projects.
Business Forum
| 15 July, 2026 at 2:46 PM
Bucharest's residential market recovered much of the ground lost after a weak start to 2026, ending the first half with apartment transactions down just 2% year-on-year, according to Colliers. Developers are also accelerating preparations for new projects, with the net floor area authorised for residential buildings in Bucharest increasing 3.6-fold in the first five months — the strongest pace in five years. Nationwide, however, apartment sales fell 9%, reflecting continued caution amid inflation, high financing costs and pressure on real incomes. Trends varied across regional cities: Cluj-Napoca recorded a 16% fall in transactions and Iași dropped 11%, while Timișoara posted a modest 3% increase.
Business Forum
| 14 July, 2026 at 3:25 PM
Novarion Hubix EF TLH, the project company set up to develop phases E and F of The Lake Home in Sibiu, has secured €9.5 million in financing from UniCredit Bank. The funds will support the construction of blocks E and F within the mixed-use residential development on the shores of Lake Binder. The project is being developed in partnership by Novarion, acting as capital partner and Development Manager, and Hubix, serving as equity partner and Investment Manager. Construction will be carried out by Novarion DMX Construction, a Sibiu-based general contractor with over 11 years of experience.
Business Forum
| 14 July, 2026 at 1:25 AM
Adinel Tudor, CEO of EVO Properties, talked to Property Forum about the successful transformation of the London and Oslo buildings into Bucharest's first major multifunctional hub. He detailed how EVO Properties addresses the return-to-office challenge by empowering collaboration among employees.
