Real estate | 5 September, 2025 at 11:11 AM
Meta Estate Trust exits resi project near Bucharest
The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project.
The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project.
Meta Estate Trust has published its H1 2025 report, recording a net profit of RON 4.65 million (€0.93 million), in line with its budgeted figures.
Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.
Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
Meta Estate Trust has exited its investment in The Lake Home residential project developed by Novarion, in a deal valued at €2.65 million.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
Romania's consolidated budget deficit has widened to 4.54% of GDP after the first eight months of 2025, an increase from the 4.04% reported in July 2025.
Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for Romania, which will guide its investments and policy engagement.
Oil major OMV Petrom has announced the completion of its acquisition of a 50% stake in the Gabare photovoltaic project, which is being developed by Enery in Bulgaria.
CN Aeroporturi București (CNAB) has received a certificate from the Airports Council International (ACI) confirming the reaccreditation of 'Henri Coandă' International Airport.