Real estate | 21 May, 2025 at 11:36 AM
Radisson Hotel Group plans large expansion in Romania
Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth.
Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth.
Property Forum is proud to present the fifth edition of its annual listing of the 50 most influential people in the Romanian real estate market. The publication, along with all previous editions, is now available on the Property Forum website.
Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.
Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD.
Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania's traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.
The Romanian construction sector recorded a 3.1% growth in the volume of works in March 2025 compared to March 2024, adjusted for the number of working days and seasonality, according to the National Institute of Statistics (INS).
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
The office space market across CEE experienced a slowdown in demand during Q1 2025, with less than 30,000 sqm of office space delivered across the region, according to Cushman & Wakefield Echinox.
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.
Electro-Alfa International, a Romanian electrical equipment manufacturer, began trading on the Bucharest Stock Exchange (BVB) on March 3.
Romania has recorded one of the highest gender employment gaps in the European Union, significantly trailing the bloc's average, according to the latest data from Eurostat.
Alive Capital will return to full ownership of founder Giacomo Billi following the transfer of Premier Energy's majority stake to Omnia Capital, Billi's investment holding.
Enery, an independent renewable power producer in Central and Eastern Europe (CEE), has reached financial close on a €460 million syndicated green project financing with a consortium of seven banking groups.
New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).