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 Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
Bog'Art Steel, part of the Bog'Art Group, has announced the appointment of Alin Creangă as its new CEO.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
Nearly half of Romanian managers (41%) anticipate an economic downturn in the country in 2026, driven by a challenging economic and political context.
Evrotrust, a leading European Qualified Trust Service Provider (QTSP), has secured €6.6 million in growth funding from 3TS Capital Partners to accelerate its expansion into Romania.