Real estate | 26 February, 2026 at 8:33 AM
CTP leases record 2.33 million sqm last year
Industrial developer CTP recorded gross rental income of €759.8 million in 2025, up 14.4% year-on-year with like-for-like rental growth of 4.5%.
Industrial developer CTP recorded gross rental income of €759.8 million in 2025, up 14.4% year-on-year with like-for-like rental growth of 4.5%.
NEPI Rockcastle, the largest owner of shopping centres in CEE, said its net operating income rose 11.2% year-on-year to a record €618 million in 2025, while the distributable earnings increased 6.7% to €441 million.
In a video interview recorded at CEE Property Forum 2025 in Vienna, Marek Noetzel, COO of NEPI Rockcastle and incoming CEO from April 2026, shares his outlook on retail trade across the region, the company's growth strategy and his priorities for the next phase of leadership.
Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.
Romania's commercial real estate investment market recorded approximately €500 million in 2025, down 31% from the previous year, due to the absence of large transactions.
Romanian investors became the most important source of capital on the local real estate market, generating approximately 30% of transaction volume in 2025 and accumulating nearly €1.8 billion in investments over the past decade, according to Colliers' annual report.
CEE property investment reached a turning point in 2025, with transaction volumes across the region's six main markets totalling €11.6 billion, representing 31% annual growth according to Colliers' latest analysis.
Horațiu Papakonstantinou-Florescu, Chairman & CEO Romania, Hungary, Greece, Bulgaria, Serbia at Knight Frank, talked to Property Forum about the dominance of lease renewals, the anticipated 2026 delivery wave, and how Bucharest's high yields and infrastructure projects continue to attract multinational tenants.
Commercial real estate companies remain optimistic about 2026, with 83% expecting revenue growth, according to a Deloitte report. This represents a slight decline from 88% last year, while 68% plan to increase expenses in 2026.
Property Forum is excited to publish the timeline for its flagship awards programmes in 2026, celebrating excellence and innovation across Central & Eastern Europe's real estate markets. These awards recognise outstanding organisations, projects and individuals whose contributions have shaped the region's real estate landscape over the past year. SEE Property Forum Awards and CEE Property Forum Awards reflect the momentum and dynamism of regional property sectors and provide a platform to honour industry leadership, sustainability, design excellence and strategic impact.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.
Colliers has published a new report focusing on CEE, examining economic and real estate trends across Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. The study shows that 2025 brought moderate economic recovery, easing inflation and rising focus on sustainability, while real estate markets were shaped by modernization, limited new office supply, strong logistics demand and retail park expansion.
iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.
Confidence is returning across CEE real estate markets, with investor sentiment shifting from cautious optimism to execution, according to Colliers. The region continues to demonstrate resilience, supported by moderating inflation, solid household consumption, and strong employment levels.
CEE recorded a 38% increase in real estate investments in the first three quarters of 2025, reaching over €7 billion across six major markets, according to Colliers' latest report.
The closing panel of SEE Property Forum 2025 in Bucharest, moderated by Victor Constantinescu from Kinstellar, brought together leading local players to assess sentiment, shifting asset preferences, and the practical steps investors must take to navigate the year ahead. The panellists examined where capital is moving, what risks remain most pressing, and how legal, geopolitical, and market dynamics will shape investment decisions across Romania and CEE.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Gas Transmission System Operators (TSOs) from Greece, Bulgaria, Romania, the Republic of Moldova, and Ukraine have signed a joint letter requesting their national energy regulators.
Nepi Rockcastle has appointed Marek Noetzel as its new Chief Executive Officer, effective 1 April 2026. Noetzel, who has served as the company's COO since June 2022, will succeed current CEO Rüdiger Dany.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania has recorded one of the highest gender employment gaps in the European Union, significantly trailing the bloc's average, according to the latest data from Eurostat.
The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.
Romanian deep-tech company Qognifly has launched Drone Wall, an autonomous counter-drone system developed by Romanian engineers and validated in operational conditions.