Real estate

Business Forum   |   20 August, 2025 at 4:30 PM

Romania's hotel market enters new growth cycle with rising investor interest

CBRE has reported almost €1 billion in hotel transactions across Central and South-Eastern Europe over the past year, alongside around 20 operator search and selection processes, according to its Hotels CEE team. Notable transactions included the sale of Hilton Prague, one of the largest single-asset hotel deals recorded in the region.

Business Forum   |   20 August, 2025 at 3:48 PM

Employers want support for personal and professional growth

Nearly 60% of Romanian employees believe their employers should do more to support both professional and personal development, according to a survey conducted by Genesis Property in the first half of 2025 on a nationally representative sample of 1,012 respondents.

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.

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Electrica secures grid permits for 700 MWh of storage
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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.