VGP starts large scale industrial project near Bucharest
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.
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.
Property developer Prime Kapital has secured an €85.5 million refinancing facility from Erste Group for Argeș Mall, which opened in April 2024.
Industrial developer CTP has announced a new partnership with Singu, the operator of a cloud-based Computer-Aided Facility Management (CAFM) platform.
More than 50,000 new mortgage loans were granted in H1 2025, marking the best first semester in the last five years, according to an analysis by Ipotecare.ro and SVN Romania | Credit & Financial Solutions.
The CEE commercial real estate market experienced a significant rebound in H1 2025, with total investment volumes across the five key CEE markets reaching nearly €5 billion, Knight Frank reports.
Bucharest has cemented its position as one of Europe's most affordable business hubs, ranking fourth for prime office rents, according to the latest report from BNP Paribas Real Estate.
Oasis Retail Development & Consulting has announced the completion of the third development phase of Prima Shopping Center, the largest retail park in the central-west region of Romania, which now covers 60,000 sqm.

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).