Iulius begins €80 million renovation project of mixed-use complex in Iași
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
Oresa Industra, the property division of Oresa investment group, has obtained the building permit for the extension of its industrial project in Iași.
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.
Prime Kapital will start in Q4 2025 the construction of a new multi-phased residential project as part of the Silk District mixed-use complex in Iași.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.
Romania offers competitive advantages for attracting data centre investments, according to an analysis by Cushman & Wakefield Echinox experts.
Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.
Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
Iasi became, for the first time, the most important regional residential market, after Bucharest – Ilfov region, considering the number of home sales in H1 2024.

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).