Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.
Bucharest-based Verita International School, the private school enrolling over 650 students, has announced a partnership with Dukes Education.
The real estate and construction sector was the most active in terms of the number of M&A transactions in Romania during 2024, accounting for 28% of the total market, which reached an estimated value of between €5.7 and €6.1 billion.
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting.
Colliers consultants forecast economic growth of just over 2% in 2025, but caution that there are significant risks we could result in a softer outcome.
foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by €14.4 billion euros during the 2013 - 2023 period.
Romanian investors have bought office buildings, hotels in smaller towns or mountain resorts, two small shopping centers and portfolios of shops on the street.
Retail developers maintain intense activity nationwide, focusing both on developing retail parks and on standalone stores operated by major retailers.
Reduced bank interest rates and banks' offers for this product are among the drivers of this trend.
he new offices, located in Bucharest, Brașov, Sibiu, Constanța and Baia Mare, are led by leaders with ambitious visions.
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
Following a two-year period of continuous expansion, the global luxury retail market witnessed an expected decelaration in 2023.
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
Environmental, social, and governance (ESG) principles are no longer just a trend or a buzzword, but rather becoming the norm in the Romanian real estate market.
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,