Star Invest appoints ex-BVB CEO as CFO
Star Residence Invest, the first investment platform listed on the Bucharest Stock Exchange (BVB) dedicated to the real estate sector, has appointed Adrian Tănase as CFO.
Star Residence Invest, the first investment platform listed on the Bucharest Stock Exchange (BVB) dedicated to the real estate sector, has appointed Adrian Tănase as CFO.
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.
Office administration costs in Bucharest increased by approximately 17% in 2025, according to analysis by Cushman & Wakefield Echinox. The rise was driven by inflation, increased personnel costs, and fiscal policy changes.
Skanska has sold the second building of the Equilibrium office complex in Bucharest to Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a public real estate fund managed by Gránit Asset Management.
The commercial real estate investment market totalled approximately €525 million in 2025, and transaction volumes this year are projected to hit the €800 million mark, according to Colliers Romania data.
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 investors led the commercial real estate investment market in 2025, accounting for 34% of total transaction value worth €579.4 million, according to a study by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
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.
Major real estate investors in Romania anticipate rental growth in 2026, particularly in the office segment, while occupier demand shows signs of consolidation rather than expansion, according to a new study by Cushman & Wakefield Echinox.
Freedom24, the European broker connecting retail investors to international exchanges, expanded its Romanian client base by 9% to over 4,300 investors in 2025.
Flexible workspace provider Mindspace Romania has maintained a stable average occupancy of approximately 80% throughout 2025, counting nearly 100 member companies, with locations in Piața Victoriei and Pipera.
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.
Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.
Romania's largest office tenants pay more than €260 million annually for modern office spaces, representing less than 1% of their combined 2024 turnover, according to analysis by Cushman & Wakefield Echinox.
Vastint Romania has announced the opening of Saint Roastery Botanica urban café in Business Garden Bucharest.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces.
Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.
CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.

Electro-Alfa International announced the early closure of its Initial Public Offer (IPO) for the sale of up to 65.9 million newly issued shares.
BRD Groupe Société Générale reported strong commercial performance in 2025, with net loans outstanding growing 13% year-on-year to RON 56.1 billion(€11.01 billion).
Forvis Mazars Group has released its annual C-suite barometer showing that 92% of global executives expect growth in 2026, despite ongoing economic uncertainty.
Data from financial analysis platform RisCo.ro reveals clear differences between Romania's largest employers. State companies dominate the ranking by employee count, but private firms lead significantly in turnover, profit and efficiency per employee.
Romania's Ministry of Finance has published a legislative package aimed at establishing mechanisms to support strategic investments and accelerate the country's economic recovery.