Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.
Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.
Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.
Romania's industrial and logistics sector recorded strong growth in the first three quarters of 2025, driven by activity in the Bucharest area. Total leasing demand reached almost 640,000 sqm between January and September, up 64% compared to the same period last year, according to Colliers data.
CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.
The volume of retail trade in Romania saw a significant drop in September 2025, registering a -2.1% decrease compared to the same month in the previous year.
The Competition Council in Romania has issued a series of competition concerns regarding the planned acquisition of local retailer La Cocoș by the Schwarz Group.
Nepi Rockcastle has appointed Marek Noetzel as its new Chief Executive Officer, effective 1 April 2026. Noetzel, who has served as the company's COO since June 2022, will succeed current CEO Rüdiger Dany.
Shopper Park Plus, a Hungarian real estate investment company, announced plans for a secondary public offering of approximately 8 million newly issued shares in the last quarter of 2025. The company expects to raise between €90 million and €110 million through the offering on the Budapest Stock Exchange.
Florentin Avădanei, Founder & Co-CEO at Goldbach Group, talked to Property Forum about the company's strategy of focusing on small urban and rural areas, their consolidation in 2024, and the future of physical retail in Romania.
Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.
Once considered a purely transactional asset class, retail in CEE is rapidly evolving into a platform for experience, community, and brand identity. This shift was at the centre of the discussion at SEE Property Forum 2025, where industry leaders explored how shopping centres are adapting to changing consumer expectations, ESG requirements, and the growing demand for meaningful, multi-use spaces.
Romanian e-commerce giant eMAG is gearing up for its 15th annual Black Friday event on November 7, which the company expects to set new records for the online commerce industry.
Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.
Kaufland Romania is expanding its national presence with the opening of a new hypermarket in Aiud, Alba County.
CEE economies have been delivering solid GDP growth, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures, according to Colliers' latest report.
Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.
Romania is positioning itself as a key retail market in Central and Eastern Europe, with developers shifting focus from large cities to smaller communities, according to a Colliers report. While large cities previously concentrated three quarters of modern retail stock, rising incomes and demand for modern formats are making communities of around 50,000 inhabitants attractive for new investment, with retail parks driving development.
Foreign direct investments (FDI) in Romania's real estate and construction sector more than tripled between 2014 and 2024, increasing by €15.1 billion to reach €21.6 billion by the end of last year. The sector's share of total FDI stock rose from 10.6% to 17.3%, according to National Bank of Romania (BNR) data analyzed by Cushman & Wakefield Echinox.
Nhood Romania has announced a partnership with Reuben Brothers to transform the former Solventul industrial platform in Timisoara. The 45-hectare site, with a history dating back to 1869, will be converted into a primarily residential area with integrated retail, office, service, and public amenities.
Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).
Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.
Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.