Tag: Bucharest (257 articles)

Real estate   |   9 October, 2025 at 11:26 AM

ELI Parks starts new industrial project near Bucharest

Local developer ELI Parks has started the construction of ELI Park 5 Bucharest in partnership with general contractor Eren Cons. Located in the north-western area of Bucharest, ELI Park 5 continues the expansion of the ELI Park Bucharest development, an industrial hub designed for efficiency, flexibility, and sustainability.

Real estate   |   9 October, 2025 at 11:14 AM

Romanian home sales stagnate as Bucharest market declines

Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.

Real estate   |   8 October, 2025 at 10:21 AM

FDI in Romanian real estate triples in past decade

Foreign direct investments (FDI) in Romania's real estate and construction sector more than tripled between 2014 and 2024, increasing by €15.1 billion to reach €21.6 billion by the end of last year. The sector's share of total FDI stock rose from 10.6% to 17.3%, according to National Bank of Romania (BNR) data analyzed by Cushman & Wakefield Echinox.

Real estate   |   7 October, 2025 at 11:52 AM

Romania's hotel industry posts third-highest EU growth

Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.

Real estate   |   7 October, 2025 at 9:47 AM

America House earns accessibility gold certification

America House has received Access4You Gold certification for its accessibility facilities, reinforcing its commitment to inclusive design and barrier-free access. The certification confirms standards to accommodate individuals with locomotor disabilities, including wheelchair users, elderly individuals, people with reduced mobility, and visitors with strollers, as well as access for blind and hearing-impaired visitors.

Real estate   |   6 October, 2025 at 9:40 AM

Speedwell boosts financing for resi complex in Bucharest

Speedwell is strengthening its collaboration with Garanti BBVA Romania through a new €8 million financing agreement. The facility will fund the development of Building C8, the fourth building within The Ivy, Speedwell's residential project near Băneasa Forest. With this deal, Garanti BBVA's total financing for The Ivy now reaches almost €40 million.

Real estate   |   3 October, 2025 at 9:48 AM

WDP to develop €22 million distribution centre near Bucharest

WDP has launched development of a 32,000 sqm distribution centre in WDP Park Bucharest – Ștefănești for FAN Courier Group, one of Romania's leading courier and logistics operators. The €22 million investment will be realised by deploying WDP's landbank in North Bucharest, with construction beginning in early 2026 and delivery scheduled later that year.

Real estate   |   2 October, 2025 at 10:04 AM

1Development starts resi development in northern Bucharest

1Development has announced the start of construction for Nordului 50, a boutique residence with panoramic views over Herastrau Lake and Park. The project offers residents a perspective of Bucharest with three kilometers of continuous green space and direct views extending to Piata Victoriei. Built on a 3,200 sqm plot, the project is scheduled for completion in spring 2027.

Real estate   |   2 October, 2025 at 8:58 AM

First Property Group sells Bucharest office building

First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.

Real estate   |   1 October, 2025 at 4:21 PM

Praktiker Real Estate buys Bucharest office building

Praktiker Real Estate Romania, controlled by businessman Omer Susli, is acquiring an office building in Bucharest from Allianz-Țiriac. The transaction is currently at the preliminary sales agreement stage and marks another step for Susli in expanding his real estate portfolio, following his 2024 purchase of the Muntenia Business Center office building.

Real estate   |   1 October, 2025 at 10:03 AM

Romania's industrial stock nears 8 million sqm milestone

Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.

Real estate   |   30 September, 2025 at 9:15 AM

Alesonor starts €8 million sports investment in resi complex near Bucharest

Alesonor has partnered with Pescariu Sports&Spa to create a 12,000 sqm sports and leisure complex within the Amber Forest suburb, with a planned investment of €8 million. The project will feature outdoor tennis and padel courts, two leisure pools, and a 2,200 sqm central building including a semi-Olympic swimming pool, spa, and fitness club.

Real estate   |   25 September, 2025 at 1:08 PM

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating

Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.

Real estate   |   25 September, 2025 at 9:25 AM

Former industrial sites drive Romania's urban regeneration boom

Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.

Real estate   |   23 September, 2025 at 9:02 AM

Romanian resi market cools as consumer confidence falls

After several years of record demand, Romania's residential market entered 2025 in a cooling phase, marked by cautious buyer sentiment. Consumer confidence recorded the steepest half-yearly decline since the 2009-2010 crisis, excluding the temporary pandemic shock when optimism quickly rebounded, according to Colliers consultants. They note the deterioration runs deeper and is expected to last longer, fueled by labor market slowdown, political instability and fiscal changes eroding purchasing power.

Real estate   |   17 September, 2025 at 10:13 AM

Prima Development acquires new land plot in Bucharest

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.

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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.