Industrial developer Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, located near Bucharest.
Hungarian investor Gránit Asset Management, with HUF 1,100 billion of assets under management, is reported to be nearing a deal for the purchase of the Equilibrium 1 building in northern Bucharest from Skanska, Romanian media reports.
The newly renovated meeting and events areas at Radisson Blu Hotel, Bucharest blend form with function, innovation with timeless touches and local nuance.
Radisson Blu Hotel Bucharest has renovated its meeting and events facilities following an investment of €1.6 million.
Affan Yildirim, General Manager, member of the Board of Directors of Anchor Grup, and member of the Board of Directors of MallDova, talked to Property Forum about the trends shaping the Romanian retail market and the investments made in București Mall over the past 25 years to accommodate evolving demands of tenants and shoppers.
Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.
Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report.
The year 2024 will mark three consecutive quarters without any new modern office completions, the longest period without deliveries since 2005.
Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest.
Shoe retailer Deichmann has leased 20,000 sqm in the industrial project ELI Park Bucharest, in a move designed to consolidate its regional distribution operations.
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub.
Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.
Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.
Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
Romanian investor and developer River Development has announced its rebranding as Sema Real Estate, with all current and new projects to be reunited under this umbrella.
The ongoing residential developments in areas near Bucharest count around 28,500 apartments, with Voluntari town and Tunari commune among the locations with the biggest volume of new construction, according to a report by Imobiliare.ro.
Leading architecture firms from Great Britain and Romania played a key role in bringing the Café Athénée project to life, blending international expertise with local flair.
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
Romanian producer Aeta, former Electroargeș, has terminated its contract with Beko Romania following a commercial dispute over pricing adjustments for 2025 and 2026.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
YESS Power, the energy storage brand of Topkapı Endüstri, has delivered a 30MW/60MWh Battery Energy Storage System (BESS) at Mey Energy's 55 MW Novaci solar power plant in North Macedonia.
MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.