The residential market in Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period last year, while in Ilfov County the decline was 10.9%, according to an analysis by Crosspoint Real Estate,
Cordia Romania, a member of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest from Bog'Art Place and has begun construction on Centropolitan, a residential project featuring 274 apartments and 3,345 sqm of integrated retail space.
The Bucharest office market saw last year a shift in hierarchy regarding the sectors generating the most transactions, according to a study by Crosspoint Real Estate. Companies in the banking and financial sector accounted for 25% of the gross leasing volume in Bucharest, surpassing the IT sector (23%) for the first time.
Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments.
After a period dominated by the tech sector, H1 2025 saw a notable surge in interest from the financial-banking sector in the Bucharest office leasing market, according to data by Crosspoint Real Estate.
Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest.
Romania's hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report.
Bucharest's short-term rental market had a booming post-pandemic evolution. In 2023 alone, the industry generated revenues of €41.3 million, nearly double compared to 2019.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
PPC Blue Romania, part of the PPC group, has partnered with retailer Selgros to install a network of 100 charging points for electric vehicles across stores in 7 cities, with a total installed power of 5,800 kW.
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.