Iulius and Atterbury start work on €550 million mixed-use scheme in Cluj
Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.
Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.
Speedwell has entered the development stage of Queens District, a mixed-use project in northern Bucharest. The development will deliver 237 apartments and 22,500 sqm of zero-carbon offices.
Romanian developer One United Properties has signed a preliminary agreement to acquire a 34,800 sqm plot in Constanța, at the entrance to Mamaia resort, from local developer Alezzi Group.
Romanian developer Hils Development has announced the launch of Hils Nord, the seventh project in the company's portfolio with a total investment value of €200 million. The new development marks Hils Development's expansion from eastern Bucharest towards the northern area and continues the strategic direction of portfolio diversification through middle premium developments.
Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.
Nhood Romania has announced a partnership with Reuben Brothers to transform the former Solventul industrial platform in Timisoara. The 45-hectare site, with a history dating back to 1869, will be converted into a primarily residential area with integrated retail, office, service, and public amenities.
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.
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.
Local developer One United Properties has signed a preliminary agreement to acquire a plot of land located on the former FLARO industrial platform in Sibiu.
Local developer Redport, in collaboration with entrepreneur Dan Șucu, obtained the Detailed Urban Development Plan (PUD) approval for the first two phases of its mixed-use scheme Infinity Nord in northern Bucharest.
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.

Rețele Electrice România, the electricity distribution operator and part of the PPC group in Romania, invested approximately RON 1.4 billion (€280 million) in 2025 in modernisation and digitalisation projects across its distribution networks.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
Purcari Wineries has announced that its Romanian subsidiary Crama Ceptura has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer located in Vârstecoiu Commune, Vrancea County.
Auchan Romania is consolidating its transition to green energy, accelerating the integration of renewable sources in its operations.
Vastint Romania has partnered with Digi Group for the sixth edition of its blood donation campaign, taking place for the first time at Timpuri Noi Square on 6 April 2026.