Real estate | 18 June, 2025 at 1:28 PM
Meta Estate Trust invests in retail park near Bucharest
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.
Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.
Geld Capital Management and its subsidiary, Repaco Capital, have delivered the Curtea de Argeș Retail Park, boasting a total leasable area of 6,100 sqm.
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox.
Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.
Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.