Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.
Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.
Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors.
The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.
Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.
Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
Greek Helleniq Energy Group has purchased two wind projects in Romania and a photovoltaic project in the Bulgarian market as part of an international expansion.
The Board of the National Bank of Romania (BNR) decided on Friday to maintain the monetary policy interest rate at 6.50% per year.
The West Region is opening a new chapter with the signing of an agreement for the first regional investment accelerator, an initiative by the West Regional Development Agency (ADR Vest).
MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
The Romanian media and entertainment industry is projected to experience constant growth over the next five years, reaching a value of €4.91 billion by 2029.