Romania's real estate investment market has grown from a nascent segment with almost no institutional-grade assets to one capable of supporting individual transactions approaching €400 million and annual volumes above €1 billion in peak years, according to an analysis by Colliers marking the firm's 30th anniversary in Romania. Yields have fallen from above 20% in the 1990s to single-digit levels today, reflecting a fundamental shift in how investors perceive the market.
The Association of Real Estate Investors in Romania (AREI) has elected a new leadership structure. Geo Margescu, Co-Founder and CEO of Forte Partners, has been elected as AREI President, while Doron Klein, Group Deputy CEO of AFI and CEO of AFI Romania, has been elected Vice-President.
Romanian investor Aurel Muntean has revived plans for Unirea Business Center in central Bucharest after a decade-long standstill. The revised scheme will offer 27,000 sqm of leasable office and retail space, with completion targeted for Q2 2028, Profit.ro reports.
Cluj-Napoca has the highest asking price per square metre among 72 Romanian localities tracked by VDI.ro, reaching €3,419 per sqm for two-room apartments, based on 50,553 listings published in the 45 days to 28 October 2026. At the other end of the scale, Petroșani recorded the lowest figure at €736 per sqm. A budget of €100,000 buys approximately 29.2 sqm in Cluj-Napoca compared with approximately 135.9 sqm in Petroșani.
Investors and developers are becoming more selective as financing conditions, operational costs and market uncertainty put pressure on returns. At SEE Property Forum 2026 in Bucharest, industry executives discussed investment opportunities across retail, logistics and hospitality, highlighting the growing importance of asset management, reliable operational data and technology in protecting property values.
NEPI Rockcastle, the owner and operator of shopping centres in Central and Eastern Europe, has outlined plans to grow its property portfolio to approximately €12–13 billion over the next five years. The company presented its investment priorities and expansion strategy at a Capital Markets Day held in Warsaw, where management met investors and industry experts to discuss the direction of retail real estate and the group's growth plans.
Shopping destinations in Romania are increasingly competing on experience, convenience and their ability to understand consumers, rather than simply attracting more visitors. At SEE Property Forum 2026 in Bucharest, retail experts discussed how changing shopping habits, local brands, accessibility and data-driven strategies are reshaping retail properties, with a growing emphasis on creating reasons for customers to stay longer and return more frequently.
Banca Transilvania and PKO Bank Polski have signed a mutual client referral agreement to support Romanian and Polish companies seeking to expand across both markets. Under the arrangement, the two banks will refer corporate and SME clients to one another when those clients require local banking services in Romania or Poland.
GTC has officially opened Centerpoint 3, the final phase of its Centerpoint office complex in Budapest's Váci Corridor. The building adds 36,600 sqm of office, retail and service space, bringing the total area of the Centerpoint complex to more than 77,000 sqm in District 13.
Romania's industrial and logistics market continued to expand in the first nine months of 2026, with modern stock reaching 8.17 million sqm by the end of Q3, according to the Romania Industrial Marketbeat Q3 2026 report by Cushman & Wakefield Echinox. Deliveries of almost 340,000 sqm over the period represented an increase of more than 60% compared with the same period in 2025. Development activity accelerated through Q3, when developers completed 133,000 sqm, up 54% on Q2 and 15% on Q1.
Romania Sotheby's International Realty has listed six properties in scenic areas of Romania, ranging from the Apuseni and Vrancea mountains to the heart of Transylvania and the Bucegi foothills. The properties vary in scale and configuration, with potential uses spanning private residences, boutique hospitality and retreat concepts.
Limited new supply, falling vacancy and increasingly demanding occupiers are changing the dynamics of Bucharest's office market. At SEE Property Forum 2026, experts discussed how landlords can respond through refurbishment, sustainability investments, mixed-use concepts and better building management, while new development gradually returns to the market.
Atterbury Europe has announced a planned leadership succession, with Martin Olivier, currently Chief Financial Officer, set to become Chief Executive Officer on 1 November 2026. Henk Deist, who has led the company since its founding in 2014, will move into the role of Commercial Director while remaining on the board.
European employees are returning to the office less frequently than their counterparts elsewhere in the world, according to new analysis by Colliers based on data from the Basking.io platform. While four to five days a week in the office has become the norm in Latin America (46%), Asia-Pacific (41%) and North America (38%), the most common pattern in Europe remains two to three days a week, with 41% of EMEA employees following this model. That said, the share of EMEA employees attending four to five days a week has nearly doubled since 2024, rising from 15% to 26%.
Skanska has published its 2026 "Shaping Sustainable Places" report, which examines how urban developments can retain their appeal, adaptability and economic viability long after construction is complete. The report argues that performance at the point of handover is no longer sufficient on its own; a project's ability to adapt to changing needs throughout its full lifecycle is equally important.
Romania recorded the largest gap in the European Union between growth in platform-based overnight stays and overall tourist accommodation in the second quarter of 2026, according to an analysis by Destination Finder using Eurostat data.
Romania's construction market recorded 35,658 projects with a combined estimated investment value exceeding RON 848 billion (approximately €166 billion) between January and September 2026, according to an analysis by IBC Focus based on data from its VICTA construction intelligence platform. The figures reveal a pronounced divide between the volume of private development and the financial weight of publicly funded construction.
North Bucharest Investments (NBI), a real estate advisory and brokerage company, has repaid more than €1 million in principal to investors on the Stock.estate crowdfunding platform, closing three financing rounds approximately one month ahead of their contractual maturity dates. The repayments were made together with interest accrued over the actual investment periods.
Flexible office space in Bucharest has reached approximately 73,500 sqm, more than six and a half times the 11,100 sqm recorded in 2015, according to the Bucharest Flex Office Overview 2026 report by Cushman & Wakefield Echinox. At least 46 centres operated by 24 companies are now active across the city, with flexible space accounting for around 2.1% of Bucharest's total office stock.
Property Forum is excited to announce the winners of its annual SEE Property Forum Awards in 2026. The winners were selected from our shortlist by the jury committee, comprising the leading players in Romanian real estate. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest, part of the annual SEE Property Forum.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
