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.
Romania's annual inflation rate reached 9.6% in January 2026 compared to the same month in the previous year.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.