The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.
Nearly 60% of respondents see the potential of e-invoicing and digital reporting for trade to simplify compliance.
SEE Property Forum 2024, Romania's leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.
Property Forum is excited to announce the winners of its annual SEE Property Forum Awards for 2024. The winners of each category were selected from our shortlist by the jury committee, comprising the leading players in the Romanian real estate industry. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest, part of the annual SEE Property Forum conference.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
The total 2024 new supply is due to reach around 500,000 sq. m, out of which over 50% are located in Bucharest - Ilfov, West and South - Muntenia.
According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound
23 comprehensive policy recommendations set out by the EY organization to make improvements in key priority areas including trade, sustainability and digital transformation.
Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and the nomination period has just been extended by four days until September 20th. In this article, we answer all potential questions related to the nomination process and explain how the winners will be selected.
For the second year in a row, industrial and retail assets dominated trading activity, marking a significant shift from previous years when office assets were the primary focus.
In 2023 alone, Kearney identified 827 new zombie companies—outpacing the 534 that were “resurrected” by improving financial situations and the 127 that were delisted.
Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and nominations are now open until September 16th. Property Forum's Country Manager for Romania Fulvia Meirosu and CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
Kearney calls upon organisations and key industry bodies to activate change to build and sustain diversity and inclusion in the sector.
The Romanian private equity (PE) and venture capital (VC) sector has demonstrated significant contributions to job creation and economic growth.
Iasi became, for the first time, the most important regional residential market, after Bucharest – Ilfov region, considering the number of home sales in H1 2024.
AI-powered scientific discovery, carbon-capturing microbes, elastocalorics are among the 10 listed technologies.
This positive evolution is due to favorable economic factors, such as decreased energy prices and a strong labor market.
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.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
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.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).