Libra Internet Bank grants €35.5 million loan for Bucharest resi complex
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.
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.
Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025.
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.
AFI Loft, AFI Romania's newest Class A office project in Bucharest, has achieved LEED Platinum certification.
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.
Property Forum is excited to announce that nominations are now open for the SEE Property Forum Awards 2025! This is your chance to showcase your or your team's outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form. Nominations will be accepted until September 19th.
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.
Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.
Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.
Glovo, Uny (formerly E-Mobility Rentals), and Kaufland România have expanded their sustainable delivery initiative to Constanța, introducing 20 zero-emission vehicles and four charging stations for delivery couriers.

Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Romanian awareness of sustainable construction concepts reaches 86%, significantly above the European average of 69%, according to the barometer published by Saint-Gobain's Observatory for Sustainable Construction.
Romania's job market in Q1 2026 showed a significant imbalance between supply and demand, with applications on OLX Locuri de Muncă rising 10.6% to 2.62 million whilst total job postings dropped 43.1% to 41,221 compared to the same period in 2025.