Real estate

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.

Business Forum   |   13 February, 2026 at 8:00 AM

Bucharest office market sees 25% yearly fall of leasing demand in 2025

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.

Business Forum   |   12 February, 2026 at 9:45 AM

Pavăl Holding enters exclusive talks to acquire Carrefour Romania

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.

Business Forum   |   12 February, 2026 at 7:55 AM

Bucharest flex office deliveries triple in 2025

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.

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Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Finance

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.