In addition to the IFC's contribution, the AIIB (Asian Infrastructure Investment Bank) will invest an equivalent amount, bringing the total value of the bond issue to €200 million.
Western European investors have been the most active buyers of real estate assets in Romania over the past five years, making placements of €1.75 billion, according to data from Cushman & Wakefield Echinox.
Excluding the mega-transactions (with values of more than €500 million), the average transaction value was € 34 million in 2024, compared to €25 million in 2023.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox, talked to Property Forum about the demand trends in the Romanian office market and the outlook for industrial and retail investments in 2025.
Victor Constantinescu, Managing Partner & Co-Head of firm-wide Real Estate at Kinstellar Romania, talked to Property Forum about the key deals of 2024 and shared his expectations for the year ahead.
Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers' analysis.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
Romania's industrial market reached a total stock of 7.56 million sqm, with 208,300 sqm of new completions in Q3 2024.
The total volume of investments from six CEE countries reached €5 billion in the first three quarters of 2024, and next year the regional real estate investment market could exceed €10 billion, according to a Colliers report.
Romanian developer Forty Management plans to raise up to €5 million from a bond sale in a bid to finance its international projects.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
Romania remains one of the most affordable countries in the EU for office fit-outs, with costs significantly lower than in Poland, the Czech Republic, or Western countries, according to research by iO Partners.
SEE Property Forum 2024, Romania's leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.
Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.
Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector.
Germany's Garbe group, specialised in industrial investment, is looking to start operations in Romania and develop its first local projects.
Bucharest's hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
Romania's commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
Private equity (PE) fund investments in Central and Eastern Europe (CEE) reached a total volume of €1.71 billion in 2023, while Romania ranked 4th at the CEE level.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.