Real estate | 17 July, 2025 at 3:08 PM
M Park retail network expands in Orăștie
Square 7, part of M Core, is expanding its retail footprint in Romania with the development of M Park Orăștie.
Square 7, part of M Core, is expanding its retail footprint in Romania with the development of M Park Orăștie.
Local developer EnVogue Residence will include a Hilton Garden Inn hotel in the final construction phase of the EnVogue Residence – Iuliu Maniu project. The hotel will be part of a new, two-section building whose structure has already been finalised.
Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
Romania's commercial real estate market recorded investment deals worth €391 million during H1 2025, down 6.5% compared to H1 2024, with offices gaining a bigger share of the total volumes. This was the second best-performing first half in the last 12 years, surpassing the average for the period by 30%, according to Cushman & Wakefield Echinox.
Romania's fiscal package is expected to have a substantial budgetary impact, estimated at 1.1% of GDP this year and 3.5% in 2026, finds an analysis by Fitch Ratings.
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Romania's manufacturing faces mounting pressures from evolving technologies, labour market shifts, and sustainability demands.
Local developer Redport and Romanian entrepreneur Dan Șucu have started the construction of a new residential project in eastern Bucharest, which included the launch of a showroom.
Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.
Local developer Ansi has purchased a land plot in northern Bucharest from GTC, where it plans to kick off the construction of a new premium residential project.
The Trump Organization and SDC Imobiliare have announced the launch of Trump Tower Bucharest, marking the official introduction of the Trump brand into Romania.
Industrial developer Hillwood has announced its strategic expansion into the Romanian market, marking a significant development of its European footprint that includes Poland, Germany and the UK.
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
The VAT for new home purchases will climb to 21% starting next month, as part of Romania's effort to balance its public finances.
Yitzhak Hagag, Co-Founder and Chairman of Hagag Development Europe, talked to Property Forum about the company's investment pipeline north of €360 million and its ongoing developments in luxury retail, offices, residential and mixed-use projects.
Romania is increasingly establishing itself as a key industrial hub within CEE driven by a confluence of factors including production relocation, burgeoning investments in logistics, and a heightened focus on ESG standards, finds a Colliers report.
Romania's commercial real estate market recorded a total transaction volume of €386 million in H1 2025, down 7.4% compared to the same period last year, according to iO Partners.
In 2024, road freight transport in the EU saw a total volume of 1,869 billion tonne-kilometres (TKM), up 0.6% year-on-year, of which Romania recorded 67 billion TKM.
Industrial rents in Romania remain among the lowest in the EMEA, despite a significant 15% increase since 2019, according to a report by Cushman & Wakefield Echinox.
Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.
Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.