Urbano Group opens first phase of retail park near Cluj
Nhood Romania has supported the opening of Urbano Shopping & Living, developed by Urbano Group in Florești, Cluj County, with a €40 million investment in the first phase.
Nhood Romania has supported the opening of Urbano Shopping & Living, developed by Urbano Group in Florești, Cluj County, with a €40 million investment in the first phase.
The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.
Over 92,100 mortgages were tabulated in Romania in 2025, up 6.4% compared to the previous year, with Bucharest, Ilfov, Timiș and Cluj being the areas where the largest numbers of mortgage loans were granted, according to a market analysis by online broker Ipotecare.ro.
Housing prices in Romania's major cities have increased by 60-90% over the past six years, making apartments increasingly unaffordable in central areas, according to a report by Colliers Romania. Bucharest saw a 60% rise, while Cluj leads with a 100% surge and Timișoara recorded 90% growth.
Nhood Romania has expanded its partnership with Urbano Group to take over full integrated property management of Urbano Shopping & Living, Transylvania's largest retail park located in the Cluj metropolitan area.
Companies leased approximately 750,000 sqm of logistics and industrial space in the first nine months of 2025, representing a 30% increase compared to the same period last year, according to a report published by Cushman & Wakefield Echinox. If the current pace continues, the annual transacted area could reach one million sqm again, matching the five-year average.
Olympian Parks, owned by Helios Phoenix, has appointed Ana Dumitrache as CEO starting 1st November. The light industrial and logistics platform aims to strengthen its market position and grow towards 500,000 sqm in the medium term by leveraging its existing portfolio and land bank.
Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.
Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).