PPF Real Estate on track to complete new Bucharest offices in 2026
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
The office project Polona 68 Business Center has been awarded the LEED Gold certification by the US Green Building Council (USGBC).
Rail logistics provider ÖBB Rail Cargo Group is relocating its office to Business Garden Bucharest. Vastint Romania has secured the new lease with the group.
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Adrian Pop, General Manager of ADP Green Building, spoke with Property Forum about the role of financial institutions in increasing the sustainability of real estate projects and the growing demand for certifications from international real estate investors.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.