Tag: residential (163 articles)

Real estate   |   3 March, 2026 at 12:30 PM

Romanian housing supply hits eight-year low in 2025

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

Real estate   |   20 February, 2026 at 1:08 PM

Bucharest's unoccupied homes stock more than doubles in decade

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Real estate   |   5 February, 2026 at 10:05 AM

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.

Real estate   |   29 January, 2026 at 8:42 AM

Romania's land market nears €450 million in deals during 2025

Romania's land market closed 2025 with transaction volumes similar to 2024 levels, totaling nearly €450 million. Political uncertainty and fiscal adjustments affected the first half of the year, but market sentiment improved after elections, with the final months delivering some of the strongest results in recent years, according to Colliers.

Real estate   |   26 January, 2026 at 8:42 AM

Romanian mortgage market grows 6.4% with regional shifts

Over 92,100 mortgages were tabulated in Romania in 2025, up 6.4% compared to the previous year, with Bucharest, Ilfov, Timiș and Cluj being the areas where the largest numbers of mortgage loans were granted, according to a market analysis by online broker Ipotecare.ro.

Real estate   |   26 January, 2026 at 8:31 AM

Cordia starts new resi investment in Bucharest

Cordia Romania, a member of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest from Bog'Art Place and has begun construction on Centropolitan, a residential project featuring 274 apartments and 3,345 sqm of integrated retail space.

Real estate   |   19 January, 2026 at 8:38 AM

Bucharest region sees 9-year resi sale fall in Q4 2025

The fourth quarter of 2025 brought the weakest residential sales result in Bucharest-Ilfov in nine years and the weakest nationally in six years, according to SVN Romania. Overall, 2025 ended with a 5.3% annual decrease in home sales nationally and an 8.5% decrease in the Bucharest-Ilfov region.

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Industry

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.

Economy

Romania's economy grows 0.7% in 2025

Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).