Zacaria kicks off retail project in Cisnădie
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar.
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting.
KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project.
Investment, especially in Poland and Romania, is expected to improve on the back of structural reforms and delayed EU funds.
Private sector transactions included a €40 million risk-sharing agreement with Banca Transilvania for Omnia Europe SA.
The Top Employer 2025 certification reconfirms NN's position as a top employer in today's dynamic and competitive labour market in Romania.
Victor Constantinescu, Managing Partner & Co-Head of firm-wide Real Estate at Kinstellar Romania, talked to Property Forum about the key deals of 2024 and shared his expectations for the year ahead.
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
Griffes' activity outside Bucharest accounted for 25% of its total transaction volume, with Cluj-Napoca leading the way.
Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers' analysis.
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.
By gender, the unemployment rate for males exceeded that for females by 0.5 percentage points (the values were 5.5% for males and 5% for females).
The biggest risk for Romania in 2025 is not Trump tariff's policy, the German recession or the Ukraine war, but the continued deterioration of the fiscal situation.
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release.
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
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.