Romania ranks fourth in Europe for cheapest housing, says study
Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025.
Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025.
Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania's VIVO! Cluj-Napoca project.
Romania's residential market experienced a significant surge in July, with a record number of apartment sales recorded in Bucharest and other major cities.
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.
Romanian developer Scala Development, part of Ax Perpetuum group, has secured RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.
The VAT for new home purchases will climb to 21% starting next month, as part of Romania's effort to balance its public finances.
The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Urbano Group has secured construction permits for the first phase of a commercial park in Transylvania, backed by an investment exceeding €100 million.
Romania offers competitive advantages for attracting data centre investments, according to an analysis by Cushman & Wakefield Echinox experts.
Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors.
Flanco, the local smart discounter for electronics and IT, has opened its first store in Cluj-Napoca, in the Artema Shopping Center.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
Prime Kapital will open Mall Moldova on April 17, with Cushman & Wakefield Echinox providing strategic consultancy to the developer.
Romanian developer Hexagon has secured a financing of over €18 million from Libra Internet Bank, for the development of a residential complex in Cluj.
Greenvolt Next has signed a 10-year power purchase agreement (PPA) with Centrul Agro Transilvania Cluj to install and maintain a 550 kW photovoltaic system.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
LONGi Solar Technology has announced a significant strategic partnership with Enexus, an investor-focused EPC company.
Vastint Romania has joined a wider initiative for the revitalisation of the Dâmbovița River, its banks, and surrounding areas.
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.
Florina Moisei has been named as the new Country Manager for its local branch, Revolut Bank UAB Vilnius Sucursala București.
Romania recorded the highest annual inflation rate in the EU in August 2025 at 8.5%, according to the latest data from Eurostat.