The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest.
Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.
In total, over 170 million sqm of office spaces are at risk of becoming obsolete in 2030 across 16 European markets.
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
In May, Hesburger entered the Romanian market with its first restaurant in Râmnicu Vâlcea.
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country's IT&C industry, according to a report by iO Partners.
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
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.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
Infinity Capital Investments has reached an agreement to sell all its shares in sunflower oils producer Argus Constanţa to the Bulgarian agri trader Buildcom.
The deposits of non-governmental resident clients at banks rose by 0.9% in July 2025 compared to the previous month, reaching RON 634.9 billion (€127.8 billion).
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).