Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.
For 2025, the company estimates an 8% increase in the number of clients and a 10% increase in the quantity of packaging waste collected.
Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox, talked to Property Forum about the demand trends in the Romanian office market and the outlook for industrial and retail investments in 2025.
Residential developer Homing Properties will invest €35 million in a new complex comprising 140 luxury villas, in Pipera, near Bucharest.
Lion's Head Investments announced its entry into the Romanian logistics market by acquiring a 15.5-ha land plot in Popești Leordeni, in the south of Bucharest.
Industrial developer WDP says it has purchased a 15% equity stake in the company from Jeroen Biermans, Country Manager Romania at WDP.
NRF, a supplier of automotive replacement parts and industrial cooling solutions, has leased 20,100 sqm in MLP Bucharest West logistics center, in a deal brokered by Newmark Polska.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
Starting in February, natural gas supply will be managed by Premier Energy SA, while NeoGas Grid will be responsible for the distribution of natural gas within the group.
Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox.
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
APS Group, an alternative asset management investor, has fully purchased IMO Property Investments Bucharest, part of Eurobank Group, for an undisclosed amount.
Repaco Capital and Weststar Real Estate have delivered the Crevedia Retail Park, near Bucharest, following an investment of €15 million that was partly financed by BT.
Hellas Direct has formed partnerships with over 170 brokers, covering 95% of the market, while constantly growing its Romania-based team of experts and claims service partners.
M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.
Camelia Ene has been appointed CEO of Roca Industry, the first Romanian holding company of construction materials manufacturers. She is replacing Ionuț Bindea, who hold the roles of Chairman of the Board and Senior Investment Manager of Roca Investments.
The Federation of Construction Companies' Employers (FPSC) has voiced concerns regarding the Government's recent fiscal and budgetary measures.
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.
Delivery platform Bolt Food and financial infrastructure supplier finmid have launched a new financing program for thousands of small and medium-sized businesses (SMBs).
The Board of Directors of Transport Trade Services (TTS) has announced a significant leadership change, appointing Ana Bobircă as the new Chairwoman.
The total weight of goods transported to/from main ports in the EU by short sea shipping was 1.6 billion tonnes during 2023.