Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe to support its development pipeline in Serbia, Poland, Romania, and Czechia.
Romania's commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.
The transaction has an estimated value of approximately €27 million and was recently signed.
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
Romania's Ministry of Economy says it submitted a letter of intent to the European Commission to host the planned Black Sea AI Gigafactory.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the country's largest solar installations.
PPC Blue Romania is introducing a complimentary towing service for its subscribers, marking a first for electric mobility companies in Romania.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.