Horațiu Papakonstantinou-Florescu, Chairman & CEO Romania, Hungary, Greece, Bulgaria, Serbia at Knight Frank, talked to Property Forum about the dominance of lease renewals, the anticipated 2026 delivery wave, and how Bucharest's high yields and infrastructure projects continue to attract multinational tenants.
The CEE commercial real estate market experienced a significant rebound in H1 2025, with total investment volumes across the five key CEE markets reaching nearly €5 billion, Knight Frank reports.
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
CPI Romania has announced the renewal of lease agreements with Deloitte Romania and WPP at The Mark office building in Bucharest, totaling over 12,000 sqm of office space.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
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.
The Romanian government has approved an emergency ordinance establishing measures for economic revival.
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.
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 labour market is undergoing a structural transformation as the country shifts from consumption-driven growth to a more technology-focused economy, with artificial intelligence and automation reshaping employment patterns.