Real estate | 15 May, 2025 at 8:44 AM
Prima Development Group delivers resi complex in Bucharest
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Marriott International plans to expand its presence in Romania by adding five new properties and over 550 rooms by the end of 2028.
Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).
The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.
Romania's trade balance deficit (FOB/CIF) reached €8.45 billion in Q1 2025, marking a 26.9% increase (€1.79 billion euros) compared to the same period of last year,
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand.
The EBRD has subscribed for PLN 140 million (€33 million) in the debut sustainability-linked bond issuance by Żabka Group, a Polish modern convenience retailer.
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
The Romanian industrial and logistics market has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox.
Romanian hotel manager Amstar Management has sold two projects in Bucharest for an undisclosed amount.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
The seasonally adjusted unemployment rate was 5.5% in March 2025, a decrease of 0.1 percentage points compared to the previous year, according to data published by the National Institute of Statistics (INS).
Recent market data by CBRE confirm the resilience of the industrial and retail sectors, which are seeing a sustained pace of construction this year.
George Simion, the President of the Alliance for the Union of Romanians (AUR), and independent candidate Nicușor Dan, Mayor of Bucharest, have emerged as winners
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
Close to 12,000 Romanians that are abroad had already voted by Friday morning in the first round of presidential elections.
Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield.
PPC Blue, the electric mobility division of the PPC Group in Romania, has acquired the Hermes Flow network with 116 charging points to expand its national infrastructure.
Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.
The European Bank for Reconstruction and Development (EBRD) is participating in a €43 million loan by Raiffeisen Bank Romania to Altex Romania, the country's leading electro-IT retailer.
Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.
Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.