Only one scheme (5,000 sqm GLA) was delivered during Q1, namely Cometex Hunedoara, this being the lowest recorded quarterly new supply since Q1 2017.
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
Romania's mergers and acquisitions (M&A) market recorded 122 transactions with a cumulative value exceeding €2.7 billion.
Romanian public engineering company Simtel Team has announced the signing of a significant EPC contract with a subsidiary of MOGAN Bucharest.
Pluxee, a global supplier of employee benefits and engagement solutions, has announced the acquisition of MyBenefits.
Inflation will increase over the planned fiscal package announced by Romania's Government, which includes the increase of fuel excises.
PLG Group, the largest ticketing company in CEE, has completed the acquisition of 100% of the shares in Bilete.ro, Entertix.ro, and Myticket.ro.