Real estate

Business Forum   |   26 August, 2026 at 4:46 PM

West Group sees Romania planning code nearing German model

Romania's new Territorial Planning, Urbanism and Construction Code (CATUC) introduces principles that bring the country's regulatory framework closer to established European practices, according to Dan Craciunescu, founder of West Group, a company active in real estate development and construction in both Romania and Germany.

Business Forum   |   26 August, 2026 at 10:06 AM

CPI Romania adds new retailers to Sun Plaza

CPI Romania is bringing international fashion retailers Primark, Peek&Cloppenburg and Reserved to Sun Plaza in Bucharest, as part of a major refurbishment of the shopping centre. The move is backed by a €100 million club-deal financing secured by CPI Property Group from OTP Bank and ING Bank Romania.

Attila Bacsa   |   21 August, 2026 at 12:23 PM

Pavăl Holding acquires land next to Swiss luxury resort

Romanian entrepreneurs Dragoș and Adrian Pavăl are expanding their investment in Switzerland with the acquisition of a 6,582 sqm plot adjacent to the Waldhaus Flims Wellness Resort for CHF 4 million, according to Romanian Hospitality Newsletter.

Business Forum   |   20 August, 2026 at 5:46 PM

STRABAG PFS acquires Brenneka to enter Romania

STRABAG Property and Facility Services (STRABAG PFS), a subsidiary of construction group STRABAG, signed an agreement on 11 August 2026 to acquire 100 per cent of the shares in Brenneka Install SRL and Samivo Instal SRL, two companies within the Brenneka Group headquartered in Bacău, Romania. The transaction is expected to close by the end of 2026, subject to regulatory approvals.

Attila Bacsa   |   19 August, 2026 at 11:31 AM

NEPI Rockcastle raises full-year guidance after H1 2026 results

NEPI Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported net operating income of €318 million for the first half of 2026, a 3.8% year-on-year increase. The result was driven by rental indexation, active leasing and tighter cost control, with a recovery rate of 96%. Like-for-like tenant sales rose 2.7%, supported by a 3.3% increase in average spend per visit. Occupancy stood at 98.2%, and a €126 million valuation uplift brought the total portfolio value to €8.4 billion.

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Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Energy

Electrica secures grid permits for 700 MWh of storage

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.

Energy

Romanian grid operator to support peak power consumption during heatwave

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.