Real estate

Business Forum   |   20 August, 2025 at 2:55 PM

West Group finalises acquisition of Bucharest resi project

West Group has completed the acquisition of the iResidence residential project in northern Bucharest. The deal was carried out under agreed commercial conditions, with construction activity on site continuing without interruption.

Business Forum   |   20 August, 2025 at 2:28 PM

Nepi Rockcastle grows H1 2025 net operating income by 12.1%

Nepi Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company's investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.

Business Forum   |   19 August, 2025 at 2:23 PM

SEE Property Forum Awards 2025: Nominations are now open

Property Forum is excited to announce that nominations are now open for the SEE Property Forum Awards 2025! This is your chance to showcase your or your team's outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form. Nominations will be accepted until September 19th.

Business Forum   |   19 August, 2025 at 1:27 PM

Forte Partners building in Bucharest gets certified

Forte Partners has announced that U•Center 3 in Bucharest has received the Access4you Design Gold Pre-Certification, making it the first office project in Romania to achieve this recognition. The certification was awarded just one month after construction began in July 2025 and ensures the project will meet high accessibility standards for people with diverse mobility, visual, hearing and cognitive needs.

Business Forum   |   14 August, 2025 at 12:07 PM

New mortgage loans in Romania grow 24% in H1 2025

The total volume of housing loans granted to households reached almost RON 30 billion (around €6 billion), a 32% increase from the first half of 2024, according to the National Bank of Romania (BNR). 

Business Forum   |   13 August, 2025 at 5:00 PM

Bucharest office vacancy hits lowest point since Q2 2021

Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.

Business Forum   |   13 August, 2025 at 3:00 PM

Occupancy activity tops 150,000 sqm in Romania during H1 2025

Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.

Business Forum   |   12 August, 2025 at 7:14 AM

Bucharest region resi market faces few deliveries, higher prices

The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.

Business Forum   |   11 August, 2025 at 1:20 PM

Urbano Group secures funding for commercial park in Cluj region

Urbano Group has secured a financing of over €16 million from BT for the development of Urbano Shopping & Living, a new commercial project located in the Cluj metropolitan area with a total planned investment of over €100 million.

Business Forum   |   11 August, 2025 at 11:45 AM

Romania's VAT increase to hit mass-market resi segment

The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

Business Forum   |   8 August, 2025 at 9:10 AM

New Mercure hotel opens in Alba Iulia

The Accor hotel chain has announced the opening of its first international brand hotel in Alba Iulia. The new Mercure hotel is the tenth under this brand in Romania.

Business Forum   |   7 August, 2025 at 5:00 PM

Hotel sector in Romania poised for growth going into 2026

Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.

Business Forum   |   7 August, 2025 at 2:00 PM

French Revolution opens new store in Timpuri Noi Square

French Revolution, the Romanian confectionery brand specializing in artisanal éclairs, has opened its sixth store in Bucharest at Timpuri Noi Square, the office complex owned by Vastint Romania.

Business Forum   |   7 August, 2025 at 1:45 PM

CTP sees 11% growth in leasing during H1 2025

Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.

Business Forum   |   7 August, 2025 at 9:10 AM

Over 50 flexible workspaces operational in Bucharest

Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.

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Industry

Aquila posts 17% revenue growth on nine months

Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.