Solida Capital enhances Victoria Center with workcloud24 platform
Bucharest-based office project Victoria Center has integrated workcloud24's intelligent building optimization platform, as part of Solida Capital's strategy to enhance its portfolio.
Bucharest-based office project Victoria Center has integrated workcloud24's intelligent building optimization platform, as part of Solida Capital's strategy to enhance its portfolio.
Romanian developer Forte Partners has begun construction on the office component of U•Center 3, with a planned investment of €100 million.
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.
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.
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.
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'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.
George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics.
Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.
Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company's strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.
The office project Polona 68 Business Center has been awarded the LEED Gold certification by the US Green Building Council (USGBC).
Alfa Group has acquired the majority of the Iride Park project from CPI Romania, for an undisclosed sum.
Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.
Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of €2.7 million.
Vastint Romania has officially launched the second phase of Timpuri Noi Square, its flagship urban regeneration project in Bucharest.
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
The office space market across CEE experienced a slowdown in demand during Q1 2025, with less than 30,000 sqm of office space delivered across the region, according to Cushman & Wakefield Echinox.
Service charges for modern office buildings in Romania have seen the most substantial increase in recent years, with approximately a 10% rise in the 2025 allocated budgets,
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.

The Middle East conflict is driving up energy prices and pushing inflation higher across CEE. Oil and gas shocks hit import-dependent economies hardest, forcing central banks to postpone planned rate cuts as markets turn risk-off, according to an analysis by ING Bank.
Two of Romania's telecommunications providers, Orange and Vodafone, have announced separate plans to test Direct-to-Device (D2D) satellite connectivity.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).
Falcon Defence, part of Falcon Group, has announced its entry into the Romanian market with the launch of an integrated production platform for energetic materials and artillery ammunition.