Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.
Romania's real GDP growth forecast for 2025 has been cut by the European Bank for Reconstruction and Development (EBRD) in a new report.
Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.
Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.
Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony, which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year, our team has received more nominations than ever before, so narrowing the list down was not an easy task. The winners will be selected soon by a jury committee comprising leading real estate professionals, and the recipients will be announced at our Awards Gala on 13 October, part of our annual SEE Property Forum conference.
A recent survey conducted by iVox.ro for Ariston has revealed a significant disparity between Romanian homeowners' comfort preferences and their willingness to invest in modern, energy-efficient heating solutions.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
After several years of record demand, Romania's residential market entered 2025 in a cooling phase, marked by cautious buyer sentiment. Consumer confidence recorded the steepest half-yearly decline since the 2009-2010 crisis, excluding the temporary pandemic shock when optimism quickly rebounded, according to Colliers consultants. They note the deterioration runs deeper and is expected to last longer, fueled by labor market slowdown, political instability and fiscal changes eroding purchasing power.
Bellemonde has announced the launch of Bellemonde Privée, a new residential project in Pipera adding 52 villas to the growing community. The total investment amounts to €25 million, with approximately 65% secured through a financing partnership with Vista Bank.
The first half of 2025 has confirmed a strong return of investor activity in Central and Eastern Europe. The Czech Republic, with the most remarkable performance, is emerging as the regional leader, ahead of even Poland, according to the latest iO Partners report.
DRI, the European renewables arm of DTEK, has announced the appointment of Murat Cinar as its new CEO.
Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.
The volume of construction works grew by 12.2% in unadjusted terms and by 10.7% as a seasonally and working-day adjusted series in the first seven months of 2025 versus the same period of last year, according to the National Institute of Statistics (INS).
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.
Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.
Choosing an office location today involves more than square metres and costs - it's about atmosphere and employee experience. According to a Colliers analysis, buildings featuring community spaces like cafés, relaxation areas, green spaces and informal meeting spots, combined with direct metro access, lease faster and attract tenants more easily.
Froo Romania Retail, part of Zabka Group, has opened a new Froo store in the America House office building in Bucharest's Piata Victoriei area. The lease transaction was brokered by Cushman & Wakefield Echinox.
We're extending the final deadline for submitting nominations to the SEE Property Forum Awards 2025 until 18 September (Thursday). This is your last chance to showcase your or your team's outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form.
Opus Land Development has launched Cosmopolis Evolia, a residential project spanning 270,000 sqm adjacent to Romania's largest private neighborhood, near Bucharest, with an estimated investment north of €200 million.
British investor Ghai Sant Ram has officially launched Horizon City, a new residential development representing a significant investment of €130 million that is based in Pipera, near Bucharest.
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
RoPower Nuclear, the project company responsible for the construction and commissioning of the Small Modular Reactor (SMR) project, has signed a contract with Studsvik Scandpower.
Romgaz, Romania's largest gas producer, has filed a direct action with the Court of Justice of the European Union against the European Commission, challenging what it views...
Romania recorded the EU's highest annual inflation rate in September 2025, reaching 8.6%, according to figures published by Eurostat.
Cushman & Wakefield Echinox has announced the appointment of Gabriel Vințe as Business Development Manager within its Project & Development Services (PDS) department.