Real estate | 4 March, 2026 at 4:00 PM
IGD sells building in Turda to municipality
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.
CPI Romania concluded 2025 by strengthening its position as a key player on the Romanian real estate market, with a portfolio of 280,000 sqm of modern office space, representing 8% of Bucharest's modern stock. The shopping centres in the company's portfolio recorded an occupancy rate of 98%, while Sun Plaza Bucharest launched a remodelling process.
CEC Bank has provided €36 million financing to Veranda Obor, owner of Veranda Mall shopping centre. The facility will refinance existing exposure, support development plans and enable capital distributions to shareholders.
NEPI Rockcastle, the largest owner of shopping centres in CEE, said its net operating income rose 11.2% year-on-year to a record €618 million in 2025, while the distributable earnings increased 6.7% to €441 million.
In a video interview recorded at CEE Property Forum 2025 in Vienna, Marek Noetzel, COO of NEPI Rockcastle and incoming CEO from April 2026, shares his outlook on retail trade across the region, the company's growth strategy and his priorities for the next phase of leadership.
Romania's Competition Council has conditionally approved the acquisition of Supermarket La Cocoș by the Schwarz Group through Project Brazil Beta company, following an investigation by the authority.
Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.
Property developer Prime Kapital has secured a €150 million syndicated loan arranged by UniCredit Bank Romania and Alpha Bank Greece to refinance Mall Moldova.
Romania's commercial real estate investment market recorded approximately €500 million in 2025, down 31% from the previous year, due to the absence of large transactions.
Symphopay is strengthening its position as a payment orchestration solution for retail in Romania, following implementation across more than 1,750 stores in the Profi network.
Romanian investors became the most important source of capital on the local real estate market, generating approximately 30% of transaction volume in 2025 and accumulating nearly €1.8 billion in investments over the past decade, according to Colliers' annual report.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.
Pavăl Holding, the investment vehicle of the Pavăl family and majority shareholder of Dedeman, has signed an exclusive negotiation agreement with Carrefour Group to acquire its Romanian operations. This step marks the group's expansion into a new strategic segment: food retail.
Romania's modern retail market exceeded 5 million sqm in 2025, following deliveries of approximately 190,000 sqm of new retail space, around 20% above the five-year average, according to Colliers' annual report.
French real estate group Catinvest has completed a 10,500 sqm extension of ElectroPutere Mall Craiova following a €22 million investment.
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.
Penny continues its national network expansion with the opening of a new store in Bacău. With this opening, the Penny network reaches 462 units nationwide.
The commercial real estate investment market totalled approximately €525 million in 2025, and transaction volumes this year are projected to hit the €800 million mark, according to Colliers Romania data.
Family Market Tomești, developed by Iulius, has obtained the building permit, marking a step in the development of the convenience retail concept for the local community.
Only a quarter of Romanian CEOs expect their company revenues to grow in 2026, marking the lowest percentage in five years.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.
Romanian deep-tech company Qognifly has launched Drone Wall, an autonomous counter-drone system developed by Romanian engineers and validated in operational conditions.