Real estate

Business Forum   |   10 March, 2026 at 1:30 PM

CEE property investment climbs 24% above 5-year average in 2025

Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

Business Forum   |   10 March, 2026 at 11:50 AM

German group Ireks buys land near Bucharest for HQ

German group Ireks, a producer of baking ingredients for bread and confectionery, has acquired a 13,000 sqm land plot in Chitila, near Bucharest, in a deal brokered by Cushman & Wakefield Echinox.

Business Forum   |   5 March, 2026 at 6:30 PM

Accor to open new Mercure hotel in Craiova

Accor has announced the signing of a franchise agreement with Romanian investor MKS PROD to open a new Mercure hotel in Craiova, the second largest city in southern Romania.

Business Forum   |   3 March, 2026 at 12:30 PM

Romanian housing supply hits eight-year low in 2025

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

Business Forum   |   2 March, 2026 at 8:51 AM

Concordia Partners secures €14.5 million for Bucharest resi project

Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.

Business Forum   |   27 February, 2026 at 5:38 PM

Impact Group posts 34% profit gain in 2025

Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.

Business Forum   |   26 February, 2026 at 5:00 PM

Romanian hotel industry hits record stays in 2025

Romania's hospitality industry recorded the highest number of hotel nights in three decades during 2025, according to Colliers' annual report. Despite a challenging economic backdrop in H2 2025, interest in Romanian travel remained strong, particularly among foreign tourists who generated nearly 5 million overnight stays.

Business Forum   |   26 February, 2026 at 4:30 PM

Regional retail centres lead Romania's property investment in 2025

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.

Business Forum   |   26 February, 2026 at 1:45 PM

CPI Romania ends 2025 with 280,000 sqm of offices in Bucharest

CPI Romania concluded 2025 by strengthening its position as a key player on the Romanian real estate market, with a portfolio of 280,000 sqm of modern office space, representing 8% of Bucharest's modern stock. The shopping centres in the company's portfolio recorded an occupancy rate of 98%, while Sun Plaza Bucharest launched a remodelling process.

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.

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Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.