Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments.
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.
Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest.
Romania's hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report.
Bucharest's short-term rental market had a booming post-pandemic evolution. In 2023 alone, the industry generated revenues of €41.3 million, nearly double compared to 2019.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Following a two-year period of continuous expansion, the global luxury retail market witnessed an expected decelaration in 2023.
The project, located in Bucharest's 13 Septembrie area, has already been 80% sold, reflecting increased buyer confidence and interest.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.