Tag: Bucharest (257 articles)

Real estate   |   27 November, 2025 at 2:10 PM

AFI secures €537 million refinancing for Romanian projects

AFI has secured a €537 million refinancing package for three projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. This represents the largest real estate refinancing transaction in Romania, reinforcing AFI's commitment to the growth and development of its projects in the country.

Real estate   |   27 November, 2025 at 9:31 AM

Bucharest housing prices surge 60% in past six years

Housing prices in Romania's major cities have increased by 60-90% over the past six years, making apartments increasingly unaffordable in central areas, according to a report by Colliers Romania. Bucharest saw a 60% rise, while Cluj leads with a 100% surge and Timișoara recorded 90% growth.

Real estate   |   26 November, 2025 at 9:39 AM

Bucharest premium property prices double amid supply shortage

The premium residential market in Bucharest has experienced a price surge over the last few years, reaching record levels, particularly in sought-after areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanti. This trend results from a combination of factors influencing both supply and demand within this niche segment, according to an analysis by Cushman & Wakefield Echinox.

Real estate   |   25 November, 2025 at 11:12 AM

Hils Development launches €200 million mixed-use project near Bucharest

Romanian developer Hils Development has announced the launch of Hils Nord, the seventh project in the company's portfolio with a total investment value of €200 million. The new development marks Hils Development's expansion from eastern Bucharest towards the northern area and continues the strategic direction of portfolio diversification through middle premium developments.

Real estate   |   19 November, 2025 at 12:46 PM

Bucharest high steet rents show 17% increase from last year

Calea Victoriei in Bucharest recorded the third-highest rent growth among 50 global markets analysed in Cushman & Wakefield's 2025 "Main Streets Across the World" report. With rents at €70 per sqm per month, representing a 17% increase from last year, Bucharest ranks 39th worldwide and 24th in Europe, level with Zagreb.

Real estate   |   18 November, 2025 at 11:00 AM

LPP opens robotised e-commerce warehouse in Romania

LPP Logistics has opened an automated e-commerce warehouse near Bucharest with a surface area of 65,000 sqm. The facility's fleet of nearly 1,100 robots will enable processing of over 80,000 orders per day, strengthening LPP Group's logistics infrastructure in Southeast Europe. The centre has been operational since late October and will prepare online orders for Romania, Bulgaria, Serbia, Bosnia and Herzegovina, Greece, and Hungary.

Energy   |   17 November, 2025 at 8:02 AM

PPC Group expands solar portfolio in Romania

PPC Group has strengthened its renewable energy presence in Romania with a new 130 MW photovoltaic plant in Călugăreni, located 40 km south of Bucharest, which was recently connected to the grid.

Real estate   |   14 November, 2025 at 8:41 AM

Intero Property Development sells large land plot in Bucharest

Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.

Economy   |   13 November, 2025 at 2:45 PM

Romanian inflation to hover around 9% by mid-2026, says ING

Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.

Real estate   |   13 November, 2025 at 11:57 AM

CPI Romania completes first phase of Sun Plaza upgrade

Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.

Real estate   |   11 November, 2025 at 9:36 AM

Romania's logistics market records 64% demand surge on nine months

Romania's industrial and logistics sector recorded strong growth in the first three quarters of 2025, driven by activity in the Bucharest area. Total leasing demand reached almost 640,000 sqm between January and September, up 64% compared to the same period last year, according to Colliers data.

Real estate   |   11 November, 2025 at 8:51 AM

From uncertainty to opportunity: What's driving Romania's new wave of residential growth?

At the SEE Property Forum 2025 in Bucharest, leading voices from Romania's residential real estate sector came together to shed light on how developers, investors, and buyers are adapting to a period of economic uncertainty, rising construction costs, and shifting consumer priorities. From the growing appeal of build-to-rent and integrated communities to the urgent need for regulatory reform, the panel offered a forward-looking view of a market that is evolving rapidly yet remains defined by strong fundamentals and an enduring demand for quality homes.

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Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.  

Agriculture

Agroland opens two new stores with €350,000 investment

Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.

Energy

Over 27% of Romanians interested in buying heat pumps

Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.