Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
The Romanian residential market is currently navigating a complex boomerang effect as construction costs remain resilient despite previous forecasts of a decline, according Dr. Sebastian Sipos-Gug, analyst for Romania at Eastern European Construction Forecasting Association (EECFA).
The residential market in Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period last year, while in Ilfov County the decline was 10.9%, according to an analysis by Crosspoint Real Estate,
Over 20,500 new homes could be delivered in Bucharest and its surroundings in 2026, according to a new report by SVN Romania.
Romania's residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).
Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
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.
Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.
Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.
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.
Property developer Speedwell has completed and handed over the third building within The Ivy residential complex located near Băneasa forest, in northern Bucharest.
Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.
The average selling price for new homes in Bucharest has increased by over 50% in the last five years, from €1,480 per sqm to €2,273 per sqm. During the same period, average rent rose by 45%, from €8.6 per sqm per month to €12.3, according to research by iO Partners Romania.
Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
Romania's mortgage market registered a new record in 2025, with loans worth €10.9 billion granted at a national level.
Prime Kapital has obtained the construction permit for the first phase of its new residential project in Silk District: Loom. This represents the fourth stage of the urban regeneration project in Iași, developed on the site of a former silk factory.
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.
Commercial real estate companies remain optimistic about 2026, with 83% expecting revenue growth, according to a Deloitte report. This represents a slight decline from 88% last year, while 68% plan to increase expenses in 2026.
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.
Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.
Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.
The Romanian Government has officially declared a crisis state on the crude oil and petroleum products market, effective from 1 April 2026 until 30 June 2026.
State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.
Verne, Pony.ai and Uber Technologies have announced a partnership to launch Europe's first commercial robotaxi service, beginning in Zagreb with initial deployment work already underway, including public-road validation.