Immofinanz sells office project in northern Bucharest
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million.
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million.
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.

Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Romania recorded the highest annual inflation rate in the European Union in January 2026, reaching 8.5%, according to data published today by Eurostat.
The Romanian government has approved an emergency ordinance establishing measures for economic revival.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.
Romania's Competition Council has conditionally approved the acquisition of Supermarket La Cocoș by the Schwarz Group through Project Brazil Beta company, following an investigation by the authority.