Răzvan Brasla, CEO of Cloud9, spoke to Property Forum about the 2026 residential outlook, where limited supply and administrative hurdles will keep prices stable. He also detailed progress on Cloud9 Evolution, a 15-minute city development featuring an integrated €3 million school.
Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.
Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.
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.
Alfa Group has acquired the majority of the Iride Park project from CPI Romania, for an undisclosed sum.
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
The EBRD has announced it will provide a €175 million loan to Greek utility group PPC to support renewable energy projects across Bulgaria, Greece and Romania.
Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.
Romania's Competition Council has fined 10 banks a total of €710 million for violating competition rules through coordinated behaviour in the Robor interest rate setting process.
The Romanian Competition Council has fined 10 local banks a total of RON 3.73 billion (€710 million) for breaching antitrust regulations.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has announced a €13.5 million investment plan for developing its sixth farm and expanding composting facilities as part of its 2025-2030 growth strategy.