Real estate | 4 March, 2026 at 4:00 PM
IGD sells building in Turda to municipality
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.
CBRE has reported almost €1 billion in hotel transactions across Central and South-Eastern Europe over the past year, alongside around 20 operator search and selection processes, according to its Hotels CEE team. Notable transactions included the sale of Hilton Prague, one of the largest single-asset hotel deals recorded in the region.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Romania's commercial real estate sector recorded total investment volumes of €169 million during Q1 2025, more than double the volume of the previous quarter and nearly on par with the same period last year, according to a report by CBRE.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
The 1,330 square meter office space will support HIKVISION's expansion and operational needs, marking an important step in the company's growth in the Romanian market.
72% of retailers aim to increase their store space, compared to 26% in 2022, with physical stores remaining a key element in the overall strategy.
The partnership aims to promote and facilitate more inclusive working and shopping spaces for nearly 1 million Romanians with disabilities.
The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 square meters.
Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
The new logistics hub of the company will benefit from a refurbishment process of the CTP to align with ESG standards
Hexing invests heavily in 8,000 sqm facility generating over 100 high value jobs in Timisoara, at Globalworth Timisoara Industrial Park I, assisted by CBRE.
The global professional services company has fortified its presence in Romania through an office lease meant to easily accommodate its expansion perspectives
Romanian state-owned gas company Romgaz has reached an agreement in principle with fertilizer producer Azomureș regarding the acquisition of its operational activity as a transfer of a going concern.
Romania ranks first in the European Union for the real burden of electricity prices, with a nominal value 21% above the European average, according to an analysis published by the Intelligent Energy Association (AEI).
German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.
Romania's Ministry of Finance will launch the fifth edition of its Fidelis government bond programme from 8-15 May 2026, offering tax-free yields of up to 7.50% for lei-denominated bonds and up to 6.25% for euro-denominated issues.
The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.