Real estate | 29 September, 2025 at 9:42 AM
Hornbach invests €44 million in second Timișoara store
DIY retailer Hornbach is set to inaugurate its second store in Timișoara on October 1, with an investment of over €44 million.
DIY retailer Hornbach is set to inaugurate its second store in Timișoara on October 1, with an investment of over €44 million.
Romanian DIY retailer Dedeman has announced its expansion into the Republic of Moldova.
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.
Froo Romania Retail, part of Zabka Group, has opened a new Froo store in the America House office building in Bucharest's Piata Victoriei area. The lease transaction was brokered by Cushman & Wakefield Echinox.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
DIY retailer Leroy Merlin has announced an investment budget of €27.9 million for 2025, representing an increase of nearly 50% compared to 2024.
Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.
DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.
The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.
Property developer Prime Kapital has secured an €85.5 million refinancing facility from Erste Group for Argeș Mall, which opened in April 2024.
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
Oasis Retail Development & Consulting has announced the completion of the third development phase of Prima Shopping Center, the largest retail park in the central-west region of Romania, which now covers 60,000 sqm.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania's VIVO! Cluj-Napoca project.
Nepi Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company's investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj.
Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.
Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
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.
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.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.