Tag: Romania (876 articles)

Real estate | 19 August, 2025 at 1:27 PM

Forte Partners building in Bucharest gets certified

Forte Partners has announced that U•Center 3 in Bucharest has received the Access4you Design Gold Pre-Certification, making it the first office project in Romania to achieve this recognition. The certification was awarded just one month after construction began in July 2025 and ensures the project will meet high accessibility standards for people with diverse mobility, visual, hearing and cognitive needs.

Real estate | 19 August, 2025 at 8:30 AM

Erste Group provides €85.5 million refinancing for mall in Romania

Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.

Real estate | 14 August, 2025 at 12:07 PM

New mortgage loans in Romania grow 24% in H1 2025

The total volume of housing loans granted to households reached almost RON 30 billion (around €6 billion), a 32% increase from the first half of 2024, according to the National Bank of Romania (BNR). 

Economy | 14 August, 2025 at 9:04 AM

Romania GDP flash estimate shows growth in Q2 2025

Romania's GDP recorded an increase in Q2 2025, according to flash estimates from the National Institute of Statistics (INS).

Real estate | 13 August, 2025 at 6:00 PM

M Core to develop new retail project in Lugoj

M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj. 

Real estate | 13 August, 2025 at 5:00 PM

Bucharest office vacancy hits lowest point since Q2 2021

Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.

Real estate | 13 August, 2025 at 3:00 PM

Occupancy activity tops 150,000 sqm in Romania during H1 2025

Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.

Economy | 13 August, 2025 at 1:00 PM

Romania's central bank expects inflation near 10% in September

Romania's inflation rate is expected to reach a peak of 9.6-9.7% in September, and will likely remain above 9% by the end of the year.

Real estate | 13 August, 2025 at 12:31 PM

Retail and resi drive land deals in Romania during H1 2025

Romania's land market experienced a surge in activity during H1 2025 as investor interest returned and new buyers entered the market, according to a Colliers Romania analysis. 

Finance | 12 August, 2025 at 3:03 PM

Romania's inflation jumps to 7.8% in July, fueled by energy price hikes

Romania's annual inflation rate has surged to 7.8% in July 2025, marking a significant increase from the previous month, according to the National Institute of Statistics (INS).

Real estate | 12 August, 2025 at 2:50 PM

Smartown Group sells historic office building in Bucharest

Smartown Group has successfully completed the sale of the historic Dionisie Lupu office building in Bucharest, at a yield of 8.2% 

Real estate | 12 August, 2025 at 7:14 AM

Bucharest region resi market faces few deliveries, higher prices

The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.

Real estate | 11 August, 2025 at 1:20 PM

Urbano Group secures funding for commercial park in Cluj region

Urbano Group has secured a financing of over €16 million from BT for the development of Urbano Shopping & Living, a new commercial project located in the Cluj metropolitan area with a total planned investment of over €100 million.

Real estate | 11 August, 2025 at 11:45 AM

Romania's VAT increase to hit mass-market resi segment

The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

Economy | 11 August, 2025 at 9:49 AM

Romania's trade deficit widens during H1 2025

Romania's trade deficit widened to €16.71 billion in H1 2025, an increase of €1.61 billion (+10.7%) compared to the same period in 2024.

Real estate | 8 August, 2025 at 9:10 AM

New Mercure hotel opens in Alba Iulia

The Accor hotel chain has announced the opening of its first international brand hotel in Alba Iulia. The new Mercure hotel is the tenth under this brand in Romania.

Real estate | 7 August, 2025 at 5:00 PM

Hotel sector in Romania poised for growth going into 2026

Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.

Real estate | 7 August, 2025 at 1:45 PM

CTP sees 11% growth in leasing during H1 2025

Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.

Real estate | 7 August, 2025 at 9:10 AM

Over 50 flexible workspaces operational in Bucharest

Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.

Real estate | 6 August, 2025 at 7:00 PM

Global Vision enters Romanian retail market with €10 million project

Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million. 