Leasing transactions for modern office space in Bucharest increased by 14% in Q1 2026 compared to the same period last year, while new demand rose by 24%. However, the market remains below pre-pandemic levels, according to Colliers data.
Industrial developer CTP has signed an agreement with Leroy Merlin Romania to expand its regional distribution centre at CTPark Bucharest West to 48,500 sqm.
Romania's retail market experienced a challenging Q1 2026, according to a report by Cushman & Wakefield Echinox. While macroeconomic indicators reflect a period of adjustment, the high street segment and medium-term development pipeline remain robust.
Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.
Ascendia, a Romanian company specialising in digital infrastructure for education and public institutions, announced that its educational content creation platform LIVRESQ has been accepted into the Google for Startups Scale Tier.
Business leaders from finance, energy, technology, real estate and professional services will gather in Bucharest next week to discuss how companies can navigate economic uncertainty, technological disruption and shifting market dynamics. Bucharest Business Forum 2026 brings together senior executives, investors and decision-makers for an afternoon focused on leadership, transformation and long-term growth opportunities.
Sphera Franchise Group has acquired the franchise rights for wagamama, the pan-Asian restaurant brand, to develop the concept in Romania. The franchise will be implemented through a newly established company wholly owned by Sphera Franchise Group.
Romania's industrial and logistics market reached over 8 million sqm in Q1 2026, with approximately 115,000 sqm of new space delivered. At the same time, around 500,000 sqm are currently under construction, according to Cushman & Wakefield Echinox's report.
iO Partners has launched iO4Workplace, a tool that calculates precise office space requirements in just five steps and under a minute.
Bucharest's hotel market recorded the strongest performance in CEE in 2025, with revenue per available room (RevPAR) increasing by 12% year-on-year, according to analysis by Cushman & Wakefield.
Prime Kapital has announced the completion of construction for the third phase of the mixed-use scheme Silk District Phase 3 ahead of schedule, taking the total number of completed apartments over 1,000.
Rețele Electrice Romania, part of the PPC group in Romania, has completed modernisation works for the Obor Station, one of the most complex electricity distribution stations in Bucharest.
Apa Nova Bucharest has announced investments exceeding €49 million in 2026 for modernising water and sewerage infrastructure and improving energy efficiency.
Ten Eleven Development has commenced construction of The Edition 1011 Featured by Versace Ceramics, Romania's first branded residences project developed in collaboration with Versace Ceramics. The development will include an investment of approximately €130 million.
Romania's short-term rental market continued to grow in 2025, confirming rising interest among property owners in this way of monetising real estate assets.
PPF Real Estate has completed the top floor of ARC Office Experience, its €70 million project in Bucharest.
Romania's real estate investment market recorded a total volume of approximately €152 million in Q1 2026, in a context marked by investor caution and selective activity, according to a report prepared by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.
The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.
Synevo Romania has appointed Adrian Tudoscă as General Manager, while Laurențiu Luca takes over leadership of diagnostic operations across 11 Southeast European markets.
Electrica has completed the Artificial Intelligence for Active Energy Management (AIAE) project, developed in partnership with Romanian startup Renergia and the Technical University of Cluj-Napoca.
Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.
Greenvolt Next Romania has signed an agreement with Sam Mills to develop a 2MW photovoltaic project with a 10.03 MWh battery storage system in Satu Mare.
Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.
The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.