July sees record resi sales in Romania before VAT hike
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 residential market experienced a significant surge in July, with a record number of apartment sales recorded in Bucharest and other major cities.
AFI Loft, AFI Romania's newest Class A office project in Bucharest, has achieved LEED Platinum certification.
Romania's land market experienced a surge in activity during H1 2025 as investor interest returned and new buyers entered the market, according to a Colliers Romania analysis.
Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.
Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.
Romania's construction sector began 2025 with robust growth, but experts from Colliers are now forecasting a significant slowdown in H2 2025.
Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.
Romanian developer Iulius has successfully secured LEED Operations and Maintenance Platinum certification for five of its retail and office projects across four Romanian cities.
Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.
Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria.
More Romanians are looking to rent homes over higher prices and tighter lending conditions, shows a recent survey by Unlock Market Research for Colliers.
Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.
Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting.
Colliers consultants forecast economic growth of just over 2% in 2025, but caution that there are significant risks we could result in a softer outcome.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Romania's Ministry of Finance has signed financing agreements for two major investment projects in the automotive sector.
Infinity Capital Investments has reached an agreement to sell all its shares in sunflower oils producer Argus Constanţa to the Bulgarian agri trader Buildcom.
BT reported a net profit of RON 1.78 billion (€359.1 million) for H1 2025, a slight decrease of 1.9% compared to the RON 1.81 billion (€365.1 million) recorded in the same period of 2024.
PPC Renewables Romania has installed the first turbines at what will be the largest wind farm in the Moldova region, marking a new phase in the project's construction.
The Board of Directors of Transport Trade Services (TTS) has announced a significant leadership change, appointing Ana Bobircă as the new Chairwoman.