Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
Program empowers women in Romania to step into management or advisory board roles.
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
Romania ranks sixth in Eastern Europe in terms of international gold reserves held.
The CONFIDEX Index, which measures confidence in the economy, remains at a level similar to the first half of the year, standing at 52 points.
Romania ranks 2nd among iBanFirst's 10 European markets by average value of forward transactions carried out through the platform (€231,000).
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
According to the study, the Responsible Behavior and Insurance Benchmark of Romania—55% of Romanians describe themselves as optimistic, while 15% adopt a pragmatic approach.
Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.
The Competition Council has authorised the transaction through which Pavăl Holding intends to acquire the Carrefour group in Romania.
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.
Softronic Craiova has completed the modernisation of the 19 electric locomotives contracted by national rail operator CFR Călători through the National Recovery and Resilience Plan (PNRR).
Hagag Energy, the energy investment platform of international investor Hagag Europe, has appointed Pavel Ciubotaru as Chief Operating Officer (COO) of its Natural Gas Division.