Real estate

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.

Business Forum   |   7 March, 2025 at 3:56 PM

KÉSZ Romania opens factory near Turda

KÉSZ România has inaugurated a new production factory near the city of Turda, located just 1.5 km from the A3 Transylvania highway.

Business Forum   |   6 March, 2025 at 3:32 PM

CPI Romania inks lease extensions in Bucharest

CPI Romania has announced the renewal of lease agreements with Deloitte Romania and WPP at The Mark office building in Bucharest, totaling over 12,000 sqm of office space.

Business Forum   |   6 March, 2025 at 10:44 AM

15 new hotels coming to Romania by 2026

Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.

Business Forum   |   6 March, 2025 at 10:34 AM

Tech spearheads office leasing in Romania

Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.

Business Forum   |   6 March, 2025 at 10:16 AM

Hybrid golf-resi complex near Bucharest gets funding

Garanti BBVA has announced a long-term financing agreement of €10 million for the development of the National Golf & Country Club, a project developed by DM Sport & Energy that is located in Dâmbovița County, less than 37 km north of Bucharest.

Business Forum   |   5 March, 2025 at 8:26 AM

CCP Cooperatief buys logistics project near Bucharest

Netherlands-based CCP Cooperatief has made its first investment in Romania through a phased acquisition of a logistics complex in Ștefăneștii de Jos, near Bucharest, in a deal worth around €7.5 million.

Business Forum   |   3 March, 2025 at 1:06 PM

Impact Developer & Contractor sees profits double in 2024

Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.

Business Forum   |   28 February, 2025 at 9:23 AM

Solida Capital makes first acquisition in Romania

Property investor and asset manager Solida Capital has purchased the office project Victoria Center in Bucharest from Manova Partners, marking its first transaction in Romania and strategic expansion into CEE. The deal value was not made public.

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Rețele Electrice Romania launches €27 million grid digitalisation project

Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS) and workforce management system (WFM) to continue digitalising the electricity distribution network. The project is valued at over €27 million and the services were purchased through a tender on the public procurement platform.

Real estate

Contakt enters Czech market with Prague stores

Romanian mobile phone accessories retailer Contakt has announced its entry into the Czech market with two locations in Prague, marking a new step in its European expansion plan. The company has signed for locations in high-traffic malls with official opening estimated for March 2026.