NEPI Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported net operating income of €318 million for the first half of 2026, a 3.8% year-on-year increase. The result was driven by rental indexation, active leasing and tighter cost control, with a recovery rate of 96%. Like-for-like tenant sales rose 2.7%, supported by a 3.3% increase in average spend per visit. Occupancy stood at 98.2%, and a €126 million valuation uplift brought the total portfolio value to €8.4 billion.
Bucharest's office market recorded net take-up of 73% of total leasing activity in the first half of 2026, up from 53% in the same period of 2025, according to the Cushman & Wakefield Echinox Marketbeat Office Q2 2026 report. Total take-up reached 109,500 sqm in H1, of which 60,400 sqm were transacted in Q2 alone, although overall leasing volume remained approximately 10% below H1 2025 levels. The vacancy rate fell to 11.6% in Q2, its lowest point since Q3 2020, driven primarily by stronger demand from IT&C sector occupiers.
Rohde & Schwarz Topex, part of the German Rohde & Schwarz group and its centre of competence for Voice Communication Systems, is consolidating its presence on the Bucharest office market through a renewal and expansion transaction at myhive IRIDE | nineteen, owned by CPI Romania.
Strabag has been chosen as general contractor for the residential and office buildings of Queens District and is starting work on site, with completion slated for Q1 2028. Once completed, Strabag will relocate its Bucharest headquarters into the development, on a surface of around 4,600 sqm.
Leasing transactions for modern office space in Bucharest increased by 14% in Q1 2026 compared to the same period last year, while new demand rose by 24%. However, the market remains below pre-pandemic levels, according to Colliers data.
Leasing demand for logistics space in Romania dropped 56% to approximately 80,000 sqm in Q1 2026 versus the same period of 2025, according to a report by Colliers.
Globalworth, the biggest owner of offices in Romania, announced that Building D of the Green Court complex in Bucharest has reached over 60% occupancy just five months after construction began.
Adinel Tudor, CEO of EVO Properties, talked to Property Forum about the evolution of the Bucharest office market, noting that by 2026, the sector will become increasingly polarised. At the same time, he added that tenants are choosing better spaces even if they opt for smaller office surfaces.
The Bucharest office market saw last year a shift in hierarchy regarding the sectors generating the most transactions, according to a study by Crosspoint Real Estate. Companies in the banking and financial sector accounted for 25% of the gross leasing volume in Bucharest, surpassing the IT sector (23%) for the first time.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.
Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.
Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.
After a period dominated by the tech sector, H1 2025 saw a notable surge in interest from the financial-banking sector in the Bucharest office leasing market, according to data by Crosspoint Real Estate.
Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.
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.
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.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
