Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
Blacklane, the operator of a premium chauffeur service platform, has started operations in Bucharest as part of its expansion in Romania.
The Romanian residential market has seen transactions falling by nearly 9% in the first four months of 2025 compared to the same period in the previous year. In Bucharest, the fall in deals reached 12%, according to data released by Colliers.
Prime Kapital Resi has 500 homes under construction in Romania, after having delivered 1,650 homes across three Romanian cities between Q1 2022 and Q4 2024.
The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.
Hagag Development Europe has resumed construction works for Phase I of its H East Residence project and plans to deliver the first homes in Q4 2026, following an investment of €43 million.
The Romanian new mortgage market is projected to exceed €5 billion in 2025, with over 76,000 loans granted, excluding refinances and restructurings, according to a report by Ipotecare.ro and SVN Credit Romania.
Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.
STC Partners has secured €20 million in funding from BT for the development of the Bucharest-based Quartier Ferdinand residential complex.
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.
Romanian hotel manager Amstar Management has sold two projects in Bucharest for an undisclosed amount.
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
Bucharest's hotel market is experiencing a strong recovery, with significant growth in key performance indicators, according to Cushman & Wakefield Echinox.
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.
Although 60% of organizations in Romania are involved in AI utilization, either through testing or adoption planning.
Romanians spent a combined €6.2 billion on dining out last year, a figure more than quadruple the amount spent a decade ago, with average spending at €830 per family in 2024, according to a Colliers report.
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
Vladimir Kalinov, Vice President of Retail at Raiffeisen Bank Romania, is concluding his mandate to pursue other professional opportunities.
Tech giant Microsoft announced the expansion of its European Digital Commitments with comprehensive Microsoft sovereign cloud solutions.