Hagag reboots H East Residence: Construction resumes with 50% of units already reserved
Real estate developer Hagag Development Europe has resumed construction on H East Residence, a major residential project in eastern...
Retail powers Romania’s EUR 175M Q1 real estate investment surge
The first quarter of 2025 ended with real estate investments totaling 175 million euros in Romania, slightly down by...
Third phase of Stellaris Residencias unveiled, featuring 112 modern apartments
Hercesa announces the launch of the third building in Stellaris Residencias near the Steaua stadium in western Bucharest, part...
Bucharest ranks 7th among the most dynamic industrial logistics markets in the EU
The modern stock of leasable industrial and logistics space in Bucharest has almost quadrupled over the past decade to...
Over 150,000 sq. m of new retail space delivered in spring surge
There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in April...
Timpuri Noi Square enters second phase with over 60,000 sq.m of new office and retail space
Timpuri Noi Square is entering its second development phase. It will add more than 60,000 square meters of gross...
Radisson grows Romanian footprint: New hotels in Bucharest, Brașov, and Mamaia
Radisson Hotel Group’s current portfolio in Romania includes several key properties, with two located in the capital: the award-winning...
BIPA, the drugstore brand of REWE Group, to open first store in Romania next year
After it's success and growth in Austria and Croatia, BIPA marks a significant milestone in the international growth and...
Demand slowdown, few deliveries, but signs of recovery on the Bucharest office market
A gross take-up of 51,300 sq. m was registered in Bucharest in Q1 2025, reflecting a y-o-y decrease of...
KIKO MILANO expands its Romanian network with new pop-up store at AFI Cotroceni
KIKO MILANO, the No.1 makeup brand in Italy and part of the Fais Group portfolio, continues its expansion in...
Hagag building in Bucharest Old Town to become the first Radisson RED hotel in Romania
Real estate investor-developer Hagag Development Europe selected Radisson Hotel Group as operator for its first hotel development in Bucharest,...
Strong first quarter of the year for the industrial and logistics market
The industrial and logistics market had a promising start of the year, with almost 260,000 sq. m being leased...
E-Commerce growth fuels Romania’s industrial and logistics market
Romania’s fast-growing e-commerce sector is driving rising demand for industrial and logistics real estate. Emerging as a logistics leader...
One United Properties, residential sales and pre-sales of EUR 45.1 million in Q1 2025
Romanian developer of residential, mixed-use, and office properties, One United, recorded total sales and pre-sales of EUR 45.1 million...
Hagag Development adds new mixed-use project to its local portfolio
Real estate investor-developer Hagag Development Europe has recently signed a partnership agreement with Niro Investment Group for the acquisition...
Skanska signed an agreement to sell Equilibrium 1 office building to Gordiusz Private Equity Fund
Swedish developer Skanska has reached an agreement to sell Equilibrium 1, one of the office buildings in the Floreasca-Barbu...
2024 marks the lowest office deliveries in Bucharest in the last 20 years
In 2024, the Bucharest office market recorded the lowest level of deliveries in the last two decades, with only...
Energy autonomy is desired by 7 out of 10 homeowners to stop worrying about bills
Romanians interest in photovoltaic plants has increased 2 times in the first months of the year compared to the...
What is the price of a house in Țegheș village, west Bucharest?
Over the past 15 years, the residential market in Țegheș village, 24 kilometers from Bucharest city center, has experienced...
Office fit-out costs in Bucharest increased by 12% in 2024, surpassing the EUR 1,000/ sq. m threshold
The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the...
Local investors strengthened their dominant position in the land market
Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023,...
Romanian hotel market recorded the highest number of tourists in the last three decades
Romania's hotel market is experiencing a period of accelerated growth, reaching a record of more than 25 million overnight...
Over 1 million square meters of new office space leased in the last 5 years
IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the office...
Dior, Saint Laurent, Celine, Hermes, Chanel, Guerlain to open units on Calea Victoriei
Hagag Development Europe is set to open Stirbei Palace on Calea Victoriei in the second half of this year,...
Fuksas Studio to design the architecture of the first Hyatt Hotel in Bucharest
Real estate developer Nusco will open in Nusco City the first dual-branded hotel in Bucharest, Hyatt Place and Hyatt...
Western European investors spent EUR 1.75 billion on real estate assets on the local market in the last 5 years
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active...
More people to choose renting over buying a home, in context of rising prices and limited supply
The delivery of new homes fell by 15% nationwide and by more than 20% in Bucharest, while demand increased...
Solida Capital at its first transaction in Romania, Victoria Center office building
Solida Capital, a investment and asset management firm, completed its first transaction in Romania, buying Victoria Center from Manova...
Polish developer Scallier is expanding its Funshop Park retail network in Romania
Polish developer Scallier opens a new shopping center of approximately 10,000 sq m. under the Funshop Park brand near...
SkyTower to release 1,000 biodegradable red balloons on February 24
On February 24th, for Dragobete, SkyTower, Romania’s tallest building and an iconic landmark of Bucharest, celebrates SkyLove Day, a...
Bucharest, second in CEE after the number of green office building stock
Bucharest is one of the largest and most mature office markets in Central and Eastern Europe. Alongside Warsaw, Prague,...
More retail projects were delivered in 2024, but the total leasable area was 15% lower compared to 2023
The modern retail stock in Romania reached 4.62 million sq. m, with projects cumulating around 180,000 sq. m GLA...
Romanian real estate investment market closes 2024 with transactions totalling 750 million euros
Real estate investments in Romania reached 750 million euros in 2024, marking a 58% increase compared to the previous...
Romania becomes a regional logistics hub for major European retailers
Interest from both international and local investors has increased in 2024, and major transactions, such as the expansion of...
Lion’s Head acquires 15 hectares of land in Popești Leordeni, near Bucharest
Lion's Head acquires 15 hectares of land in Popești Leordeni, near Bucharest. This transaction marks the expansion of the...
Romania remains one of the most affordable property markets in Central and Eastern Europe
Rising average incomes outpacing real estate price growth has improved housing affordability in Romania, setting it apart from other...
Forte Partners U Center 2 office building in Bucharest is fully leased
Completed in September 2023 and certified LEED v4, WELL Health-Safety, and WELL Core at the Platinum level, the U...
Nusco City to host Hyatt’s first hotel in Bucharest, under Hyatt Place and Hyatt House brands
Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in...
Hesburger opens its sixth restaurant in Romania, in Mega Mall Bucharest
Hesburger, the largest fast-food chain in Finland, has opened its sixth restaurant in Romania, in Mega Mall, following an...
German group GARBE Industrial Real Estate expands in Romania
GARBE Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial and technology real...
First CODE7 store, a new premium sportswear concept on the Romanian market
The first CODE7 store opened in AFI Cotroceni Mall in Bucharest. Still, the brand’s expansion plans include locations within...