Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
The Romanian residential market has seen transactions falling by nearly 9% in the first four months of 2025 compared to the same period in the previous year. In Bucharest, the fall in deals reached 12%, according to data released by Colliers.
Prime Kapital Resi has 500 homes under construction in Romania, after having delivered 1,650 homes across three Romanian cities between Q1 2022 and Q4 2024.
The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.
Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.
Hagag Development Europe has resumed construction works for Phase I of its H East Residence project and plans to deliver the first homes in Q4 2026, following an investment of €43 million.
Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.
STC Partners has secured €20 million in funding from BT for the development of the Bucharest-based Quartier Ferdinand residential complex.
National Golf & Country Club (NGCC), the largest golf club in South-East Europe, is set for its official inauguration in early summer.
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).
Alesonor has started the construction of the Verita International School & Kindergarten campus within the Amber Forest complete suburb.
The Romanian residential real estate market experienced a slowdown in Q1 2025, with sales decreasing both in Bucharest and nationwide, according to a recent analysis by SVN Romania.
Romanian developer Redport is teaming up with local businessman Dan Șucu, the Founder and Shareholder of Mobexpert Group, for a new residential development worth €50 million in Bucharest.
Romanian developer Ima Residence, controlled by local entrepreneur Claudiu Diaconu, is launching a new boutique project in Pipera, northern Bucharest, backed by a €15 million euro investment.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
Meta Estate Trust has exited its investment in The Lake Home residential project developed by Novarion, in a deal valued at €2.65 million.
Romanian developer Bellemonde is set to expand its residential project in Pipera, near Bucharest, will take the total investment to around €70 million.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.