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.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).