Demand for office space in Bucharest dropped by one-third in 2025, primarily due to reduced activity from IT companies, which generated only 10% of total leasing in the first nine months - the lowest level since 2010. Companies leased approximately 150,000 sqm of office space, while new demand fell by almost 30% to under 60,000 sqm.
Romania is positioning itself as a key retail market in Central and Eastern Europe, with developers shifting focus from large cities to smaller communities, according to a Colliers report. While large cities previously concentrated three quarters of modern retail stock, rising incomes and demand for modern formats are making communities of around 50,000 inhabitants attractive for new investment, with retail parks driving development.
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.
Choosing an office location today involves more than square metres and costs - it's about atmosphere and employee experience. According to a Colliers analysis, buildings featuring community spaces like cafés, relaxation areas, green spaces and informal meeting spots, combined with direct metro access, lease faster and attract tenants more easily.
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.
Romanian investors have significantly increased their presence in the commercial real estate market, allocating nearly €1.8 billion to local acquisitions between 2015 and 2025.
Romanians spent over €3 billion on international travel in the first four months of 2025, a 15% increase compared to the same period in 2024.
Romanians spent a combined €6.2 billion on dining out last year, a figure more than quadruple the amount spent a decade ago, with average spending at €830 per family in 2024, according to a Colliers report.
M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.
Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.
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,
Romania stands out in the CEE as an increasingly attractive destination for investors in the industrial and office real estate sectors, a Colliers analysis reveals.
Bucharest's office market has experienced last year its lowest level of new space delivered in the past two decades, according to a recent report by Colliers.
Investment incentives across CEE are proving to be a major draw for Research and Development (R&D) and Business Services Sector (BSS) projects, with support reaching up to 70% of qualified costs, according to Colliers' report.
Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.
Romania's housing market faced a significant imbalance in 2024, with new home deliveries falling 15% nationwide and over 20% in Bucharest, while demand rose by 7%, finds a Colliers report.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Romania's economy has fallen short of expectations, note Colliers consultants, who initially predicted a promising local economic scenario for 2024 that failed to materialize.
Modern shopping centers with a total leasable area of more than 160,000 square meters were built this year.
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.