Business Forum
| 2 July, 2025 at 11:28 AM
Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation.
Business Forum
| 1 July, 2025 at 4:10 PM
Mortgage interest rates are projected to increase in the second half of 2025, impacting both fixed-rate mortgages, which constitute over 99% of new mortgage volumes, and variable-rate mortgages, according to a recent analysis by online broker Ipotecare.ro and SVN Romania | Credit & Financial Solutions.
Business Forum
| 30 June, 2025 at 11:38 AM
Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.
Business Forum
| 27 June, 2025 at 4:23 PM
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Business Forum
| 27 June, 2025 at 4:06 PM
CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.
Business Forum
| 27 June, 2025 at 11:50 AM
While the Southeast European region is projected to maintain its 2024 activity levels, reduced optimism in Eastern Europe is largely attributed to a worsened forecast for Turkey, finds the latest report of the Eastern European Construction Forecasting Association (EECFA).
Business Forum
| 27 June, 2025 at 11:00 AM
Vastint Romania has finalized a new lease agreement with the jewelry brand Pandora, which is moving its offices to Business Garden Bucharest.
Business Forum
| 27 June, 2025 at 10:41 AM
Skanska's Equilibrium 2 office project, located in northern Bucharest, has achieved WiredScore Platinum certification.
Business Forum
| 27 June, 2025 at 8:12 AM
Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.
Business Forum
| 26 June, 2025 at 4:21 PM
Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.
Business Forum
| 26 June, 2025 at 9:42 AM
French real estate group Catinvest has appointed Win Advisors as Administrator of Aparthotel Craiova, which was inaugurated earlier this year within ElectroPutere Parc in Craiova, following a €12 million investment.
Business Forum
| 26 June, 2025 at 9:03 AM
Romanian developer Iulius has successfully secured LEED Operations and Maintenance Platinum certification for five of its retail and office projects across four Romanian cities.
Business Forum
| 25 June, 2025 at 3:45 PM
Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.
Business Forum
| 25 June, 2025 at 12:53 PM
Industrial developer WDP has announced the development of a new sustainable distribution centre, spanning approximately 54,000 sqm, for an international retailer at WDP Park București – Ștefănești.
Business Forum
| 25 June, 2025 at 12:37 PM
Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.
Business Forum
| 24 June, 2025 at 8:38 PM
ELI Park Iași, the industrial project developed by Element Industrial, has achieved BREEAM certification, making it one of the most sustainable industrial developments in the Moldova region.
Business Forum
| 24 June, 2025 at 6:39 PM
Schrack Technik Romania, the local subsidiary of the Austrian group Schrack Technik, a producer and distributor in the electrical installations and equipment market, recently inaugurated a logistics centre for electrical materials, following a €15 million investment.
Business Forum
| 24 June, 2025 at 8:06 AM
Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company's strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.
Business Forum
| 23 June, 2025 at 11:53 AM
The office project Polona 68 Business Center has been awarded the LEED Gold certification by the US Green Building Council (USGBC).
Business Forum
| 23 June, 2025 at 11:23 AM
Rădăcini Estate, the real estate division of Rădăcini Grup, is set to develop a modern retail park in the Chitila area. This project, a partnership with general contractor ImoSteel, represents an investment of nearly €8 million.
Business Forum
| 23 June, 2025 at 11:11 AM
Olala! is strengthening its strategic expansion in the Romanian market with the acquisition of two hotels located in central Bucharest – Hotel Duke Romană and Hotel Duke Armenească – in a €5 million transaction.
Business Forum
| 19 June, 2025 at 2:49 PM
Alfa Group has acquired the majority of the Iride Park project from CPI Romania, for an undisclosed sum.
Business Forum
| 19 June, 2025 at 11:20 AM
Romanian developer Millstone, controlled by Johan Rogiers and Horia Chioseaua, has officially begun construction on a boutique residential project on Calea Victoriei, in central Bucharest, which represents a €18 million investment.
Business Forum
| 18 June, 2025 at 3:05 PM
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.