Business Forum
| 1 August, 2025 at 1:58 PM
Star Residence to buy office building in Bucharest for €19 million
Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.
Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.
More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.
Companies in Romania leased over 500,000 sqm of industrial and logistics spaces in H1 2025, marking a significant 25% year-on-year increase compared to the same period last year, according to a report by Cushman & Wakefield Echinox.
Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.
Romanian investors have significantly increased their presence in the commercial real estate market, allocating nearly €1.8 billion to local acquisitions between 2015 and 2025.
Răzvan Brasla, CEO of Cloud9 Residence, talked to Property Forum about the company's €90 million investment in a new residential complex in northern Bucharest and the trend of homebuyers who want to be close to the main business hub of the city that comprises a wide range of facilities.
Hubix has announced a strategic partnership with Fimaro Development for the development of 600 residential units in Cluj-Napoca, near the Tetarom I business park.
Koramic Real Estate Romania, the local division of the Belgian family office Koramic Investments, has announced a total investment of €30 million for two new residential projects in Romania.
3DinBox, the first 3D printing technology hub in Romania, has invested €500,000 in a new HQ, allowing the company to expand its product and service offering.
Attila Beer, CEO of Alukönigstahl Romania & Republic of Moldova, talked to Property Forum about the demand engines that will drive the market this year and the growing investment in durable envelope solutions for buildings.
Local developer Zacaria has kicked off the development of the second phase of the Valletta Park residential complex in Sibiu.
Rustler Romania has appointed Cristian Marinoiu as Head of Brokerage & Real Estate Consultancy, in a move that strengthens the services it provides in the Romanian real estate market.
Romania's retail market has consolidated its position as a strategic hub for international brands, attracting over 40 new retailers between 2020 and 2025, according to an analysis by Cushman & Wakefield Echinox.
Square 7, part of M Core, is developing M Park Titan, a new proximity retail project that is slated to open in December 2025.
After a period dominated by the tech sector, H1 2025 saw a notable surge in interest from the financial-banking sector in the Bucharest office leasing market, according to data by Crosspoint Real Estate.
Bucharest-based office project Victoria Center has integrated workcloud24's intelligent building optimization platform, as part of Solida Capital's strategy to enhance its portfolio.
Romanian developer Forte Partners has begun construction on the office component of U•Center 3, with a planned investment of €100 million.
Romanian developer Scala Development, part of Ax Perpetuum group, has secured RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.
Elena Oancea, Co-CEO of Goldbach Group, talked to Property Forum about the group's ongoing developments in the retail parks niche, the focus on sustainability in its construction and interior design divisions and its pipeline of photovoltaic projects in Romania.
Kaufland has opened its fourth store in Pitești, expanding its national presence and reaching a network of 193 hypermarkets
Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.
Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.
Siemens is set to bolster its presence in Romania with the development of a fully digitalised, carbon-neutral production facility in Sibiu.
Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.
Romanian restaurant operator City Grill Group has announced a €7 million investment in a new production facility for its ready meals range in Buftea, Ilfov County.