Bucharest resi market slows after record July sales
The residential market in Bucharest returned to a rhythm more in line with previous years, following the record-breaking July, according to an analysis of Fortim Trusted Advisors.
The residential market in Bucharest returned to a rhythm more in line with previous years, following the record-breaking July, according to an analysis of Fortim Trusted Advisors.
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
The Romanian hotel market has recorded deals exceeding €50 million during H1 2025, compared to €35 million recorded in the same period last year, according to a Cushman & Wakefield Echinox report.
Vastint Romania has rolled out a new business solution offering autonomous, fully furnished office modules for short-term lease agreements in response to growing demand for flexibility in the office market.
Apex Alliance Hotel Management has appointed Tadas Ėvaltas as the new GM of The Marmorosch Bucharest, Autograph Collection.
Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.
The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project.
Romanian developer Impact Developer & Contractor has announced a new development strategy for 2026-2034, with a plan to build 7,870 homes across five projects that will have a gross development value of €1.61 billion.
Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.
Oresa Industra, the property division of Oresa investment group, has obtained the building permit for the extension of its industrial project in Iași.
German retailer Metro has completed a new 12,000 sqm Food Service Delivery (FSD) warehouse in partnership with industrial developer WDP in Ștefăneștii de Jos, near Bucharest.
Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.
A Romanian investor with a substantial portfolio of commercial spaces has acquired half of the landmark Scala apartment building from the heirs of the Bragadiru family.
DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.
The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.
The Romanian construction market has reached a new historic milestone with 460,000 employees as of the end of May 2025, also marking a 7% increase in the volume of works during the first five months of the year compared to the same period in 2024.
Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.
Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025.
Industrial developer CTP has appointed Ronald Binkofski as the new Managing Director for Romania, as part of the company's plan to achieve an annualised rental income of €1 billion across its European portfolio by 2027.
The European property market has begun to adapt to new conditions. The latest data, based on a survey in 28 countries across Europe, has clearly confirmed this, according to the 14th edition of the Deloitte Property Index.
Industrial developer CTP has kicked off the construction of a 4,000 sqm extension for the iwis factory at CTPark Oradea City, which is slated for completion in 2026.
Gen Z is not rejecting the office but is instead calling for its fundamental redefinition, according to Colliers consultants.
Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments.

Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.