Erste Group provides €85.5 million refinancing for mall in Romania
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
The total volume of housing loans granted to households reached almost RON 30 billion (around €6 billion), a 32% increase from the first half of 2024, according to the National Bank of Romania (BNR).
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.
Romania's land market experienced a surge in activity during H1 2025 as investor interest returned and new buyers entered the market, according to a Colliers Romania analysis.
Smartown Group has successfully completed the sale of the historic Dionisie Lupu office building in Bucharest, at a yield of 8.2%
The residential market in Bucharest and Ilfov saw a 10% drop in the number of transactions during H1 2025 compared to the same period in 2024, while sales prices have continued to climb, driven by high inflation, anticipated tax changes, and limited supply, finds a new analysis by iO Partners.
Urbano Group has secured a financing of over €16 million from BT for the development of Urbano Shopping & Living, a new commercial project located in the Cluj metropolitan area with a total planned investment of over €100 million.
The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.
The Accor hotel chain has announced the opening of its first international brand hotel in Alba Iulia. The new Mercure hotel is the tenth under this brand in Romania.
Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.
French Revolution, the Romanian confectionery brand specializing in artisanal éclairs, has opened its sixth store in Bucharest at Timpuri Noi Square, the office complex owned by Vastint Romania.
Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.
Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.
Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million.
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.
CarmOlimp Group has acquired the Victory Hotel in Vama Veche resort, a year after opening a brewery on the hotel's ground floor.
IPSO Agricultură, a subsidiary of the French group Monnoyeur, will lease a 2,300 sqm space in the Spaceplus Chitila industrial project, owned by Speedwell.
Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.
Romanian public investment fund Lion Capital is the main buyer of a new bond issuance of PK Development Holding, a company controlled by Prime Kapital, which is guaranteed by a mortgage in the recently opened Mall Moldova.
M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.
Local developer One United Properties has signed a preliminary agreement to acquire a plot of land located on the former FLARO industrial platform in Sibiu.

Consumer products brands are shifting from competing for visibility to competing for algorithmic selection, according to an EY report.
MedLife Group has implemented an advanced integrated robotic neurosurgery system at MedLife Polisano Hospital in Sibiu, following an investment of over €2 million.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
Romania has risen in Europe's investment destination rankings, becoming one of the most attractive markets in the region alongside Poland for international investors, according to PwC Global CEO Survey 2026 data.
Small and mid-sized retailers lost approximately €3.2 million in profit over the past year due to inventory errors, according to internal data from Selectsoft, a Romanian provider of ERP solutions for SMEs.