Real estate

Business Forum   |   17 July, 2025 at 1:58 PM

EnVogue Residence to add Hilton hotel in Bucharest project

Local developer EnVogue Residence will include a Hilton Garden Inn hotel in the final construction phase of the EnVogue Residence – Iuliu Maniu project. The hotel will be part of a new, two-section building whose structure has already been finalised.

Business Forum   |   17 July, 2025 at 11:16 AM

Bucharest office leasing reaches lowest point in four years

Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.

Business Forum   |   17 July, 2025 at 7:31 AM

Pavăl Holding takes over Praktiker Hellas in international push

Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.

Business Forum   |   16 July, 2025 at 9:25 AM

Offices are back in Romania's transaction market during H1 2025

Romania's commercial real estate market recorded investment deals worth €391 million during H1 2025, down 6.5% compared to H1 2024, with offices gaining a bigger share of the total volumes. This was the second best-performing first half in the last 12 years, surpassing the average for the period by 30%, according to Cushman & Wakefield Echinox. 

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