Real estate

Business Forum   |   27 March, 2025 at 1:00 PM

Romania's luxury retail niche ripe for growth

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

Business Forum   |   26 March, 2025 at 1:35 PM

Dedeman buys land on the border with Bulgaria

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

Business Forum   |   25 March, 2025 at 9:35 AM

Central European developers shift focus to labour costs

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.   

Business Forum   |   24 March, 2025 at 5:32 PM

Niro Group opens first Corinthia hotel in Romania

Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.

Business Forum   |   24 March, 2025 at 10:11 AM

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Business Forum   |   21 March, 2025 at 2:10 PM

Banking sector holds low exposure in Romania's CRE

Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 

Business Forum   |   18 March, 2025 at 1:51 PM

CEE-based incentives boosting appeal of offices

Investment incentives across CEE are proving to be a major draw for Research and Development (R&D) and Business Services Sector (BSS) projects, with support reaching up to 70% of qualified costs, according to Colliers' report.

Business Forum   |   13 March, 2025 at 11:13 AM

Bellemonde expands resi project near Bucharest

Romanian developer Bellemonde is set to expand its residential project in Pipera, near Bucharest, will take the total investment to around €70 million.

Business Forum   |   13 March, 2025 at 9:22 AM

Resi pipeline in Bucharest region totals 18,000 units in 2025

Bucharest is bracing for another year of low residential deliveries, mirroring the trend observed in 2024. Approximately 18,000 new homes are expected to be completed in Bucharest and its surrounding areas in 2025, according to a report by SVN Romania. 

Business Forum   |   12 March, 2025 at 1:51 PM

Bucharest office fit-out costs remain among lowest in CEE

Bucharest has seen a 12% increase in average office fit-out costs in 2024, surpassing €1,000 per sqm, but this level is still among the lowest in capital cities across CEE, according to Cushman & Wakefield Echinox research.

Business Forum   |   11 March, 2025 at 11:29 AM

Romania's land market totals €450 million in 2024

Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.

Business Forum   |   10 March, 2025 at 10:39 AM

CTP expands industrial lease deal with Rara Logistic

Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.

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