Alina Necula, Country Manager Romania at Lion's Head, spoke to Property Forum about the firm's logistics expansion and IFC sustainability partnership. She also detailed ongoing investments at Oregon Park to enhance the tenant experience and support hybrid work.
tbi bank is providing REDESIGN with €7.85 million in financing over 24 months to complete the first buildings in the second phase of the Stejeriș project in Brașov, located on Calea Poienii, the main road connecting Brașov and Poiana Brașov. The loan, repayable in full at maturity, will support construction of seven boutique residential buildings with 46 apartments, already at an advanced stage and expected to be completed by the end of 2026. The value of this phase is estimated at €26 million, with approximately 60% of apartments already pre-sold.
Roxana Frăţilă, Partner, Head of Real Estate & Construction at CMS Bucharest, talked to Property Forum about the investment growth in secondary cities, the integration of renewables, and the need for robust legal frameworks to support complex urban-regeneration projects.
Bucharest's residential market recovered much of the ground lost after a weak start to 2026, ending the first half with apartment transactions down just 2% year-on-year, according to Colliers. Developers are also accelerating preparations for new projects, with the net floor area authorised for residential buildings in Bucharest increasing 3.6-fold in the first five months — the strongest pace in five years. Nationwide, however, apartment sales fell 9%, reflecting continued caution amid inflation, high financing costs and pressure on real incomes. Trends varied across regional cities: Cluj-Napoca recorded a 16% fall in transactions and Iași dropped 11%, while Timișoara posted a modest 3% increase.
Novarion Hubix EF TLH, the project company set up to develop phases E and F of The Lake Home in Sibiu, has secured €9.5 million in financing from UniCredit Bank. The funds will support the construction of blocks E and F within the mixed-use residential development on the shores of Lake Binder. The project is being developed in partnership by Novarion, acting as capital partner and Development Manager, and Hubix, serving as equity partner and Investment Manager. Construction will be carried out by Novarion DMX Construction, a Sibiu-based general contractor with over 11 years of experience.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).