Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
The Romanian hotel market has recorded deals exceeding €50 million during H1 2025, compared to €35 million recorded in the same period last year, according to a Cushman & Wakefield Echinox report.
Vastint Romania has rolled out a new business solution offering autonomous, fully furnished office modules for short-term lease agreements in response to growing demand for flexibility in the office market.
Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.
Romanian developer Impact Developer & Contractor has announced a new development strategy for 2026-2034, with a plan to build 7,870 homes across five projects that will have a gross development value of €1.61 billion.
Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.
A Romanian investor with a substantial portfolio of commercial spaces has acquired half of the landmark Scala apartment building from the heirs of the Bragadiru family.
Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.
The number of tourist arrivals in Bucharest reached 777,756 in the first five months of 2025, according to data from the National Institute of Statistics (INS).
Bucharest has cemented its position as one of Europe's most affordable business hubs, ranking fourth for prime office rents, according to the latest report from BNP Paribas Real Estate.
Romanian real estate company Bucur, controlled by Longshield Investment Group, has purchased the CSDA Siriului office project in northern Bucharest for an undisclosed sum.
Romania's residential market experienced a significant surge in July, with a record number of apartment sales recorded in Bucharest and other major cities.
West Group has completed the acquisition of the iResidence residential project in northern Bucharest. The deal was carried out under agreed commercial conditions, with construction activity on site continuing without interruption.
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Forte Partners has announced that U•Center 3 in Bucharest has received the Access4you Design Gold Pre-Certification, making it the first office project in Romania to achieve this recognition. The certification was awarded just one month after construction began in July 2025 and ensures the project will meet high accessibility standards for people with diverse mobility, visual, hearing and cognitive needs.
Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.
The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.
The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.
Romania's Competition Council has fined 10 banks a total of €710 million for violating competition rules through coordinated behaviour in the Robor interest rate setting process.
Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.
Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.
Romanian authorities are making over €8 billion available this summer in EU funds and state aid for businesses and local public authorities, according to REI analysis, a consultancy group specialising in attracting non-reimbursable financing.
Christian Tour, one of Romania's largest tour operators, has successfully completed its initial public offering (IPO), ahead of its listing on the BVB.