Tag: Bucharest (278 articles)

Real estate   |   24 March, 2025 at 10:11 AM

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Real estate   |   6 March, 2025 at 10:34 AM

Tech spearheads office leasing in Romania

Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.

Real estate   |   28 February, 2025 at 9:23 AM

Solida Capital makes first acquisition in Romania

Property investor and asset manager Solida Capital has purchased the office project Victoria Center in Bucharest from Manova Partners, marking its first transaction in Romania and strategic expansion into CEE. The deal value was not made public.

Real estate   |   20 February, 2025 at 2:56 PM

Hotel investments in Romania up 56% in 2024

Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.

Real estate   |   13 February, 2025 at 12:05 PM

Bucharest office leasing down 20% in 2024

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

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Finance

BNR keeps key interest rate at 6.50%

The National Bank of Romania's (BNR) Board of Directors decided on Monday to maintain the key interest rate at 6.50% per annum in its first monetary policy meeting of the year.

Finance

Raiffeisen Bank returns to BVB trading

Raiffeisen Bank has officially rejoined the Bucharest Stock Exchange (BVB) as a trading participant, marking its return to the Romanian capital market after relaunching brokerage services in December 2025.