Romania's commercial property investments up 47% in 2024
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
Ema Iftimie, Globalworth Romania's Managing Director, delves into the most pertinent aspects of Globalworth's Romanian-focused developments, answering key questions that showcase the company's vision and future in this market. This interview was first published in Property Forum's annual CEE TOP 100 publication.
CTP has announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj.
Industrial developer CTP has appointed Jovan Radosavljevic as its new Managing Director for Romania, tasked with overseeing the company's expansion in the country.
Romania's commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.
Industrial developer CTP has launched its first CTBox building in Romania on the premises of CTPark Bucharest West.
Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
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.
The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB.
Cummins Generator Technologies, operating under the name STAMFORD, is renowned for providing ultimate power solutions with world-class expertise and 24/7 global lifecycle support.
This strategic move is in response to the increasing demand for fulfillment and logistics services driven by the rapid growth of e-commerce in Romania.
CTP has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology.

Romanian property developer Alezzi Group has completed the transfer of its concrete production operations to Heidelberg Materials Romania, the construction materials producers.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
Nuclearelectrica has completed the first continuous concrete pour for the permanent structures of the Cernavoda Nuclear Power Plant Unit 1 refurbishment project. The operation used approximately 3,470 cubic metres of concrete for the foundation, equivalent to about 380 concrete mixer trucks.
Fondul Proprietatea has exercised its pre-emption right and subscribed to 5.6 million new shares in National Company Administrația Porturilor Maritime (CNAPM), investing €10.8 million to maintain its existing shareholding percentage.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.