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.
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.
GTC, a premier commercial real estate company in Central and Eastern Europe, presents an analysis of its notable achievements in Poland during the first half of 2024.
Massive investments, and hence long-term finance, are needed to decarbonise the electricity sector in Central, Eastern and South-Eastern Europe and improve energy efficiency.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.
DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.