Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.

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.

Garanti BBVA has announced a long-term financing agreement of €10 million for the development of the National Golf & Country Club, a project developed by DM Sport & Energy that is located in Dâmbovița County, less than 37 km north of Bucharest.

Crestyl, the development and investment group, has appointed Andrej Zveržhanovski as its CFO for the Czech Republic. In this key position, he has become part of Crestyl's management.

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office building in Warsaw. The buyer is Polski Związek Pilki Nożnej (Polish Footbal Association). 

The Ghelamco-owned VIBE office building, located in the center of Warsaw, has received DGNB New Buildings International 2020 Gold certificate. This is the first office building in Poland to have such certification.

Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe. In 2024, the volume of investment transactions involving warehouse assets totalled €1.26 billion, while take-up remained at 5.8 million sqm (+4% y-o-y). Although developer activity decreased by 30%, new supply (2.6 million sqm) returned to pre-pandemic levels, with 1.8 million sqm still under construction. The sector has shown stability regarding vacancy rates (7.5%) and rental levels, which have remained consistent with the previous year, says Axi Immo in its latest report.

Netherlands-based CCP Cooperatief has made its first investment in Romania through a phased acquisition of a logistics complex in Ștefăneștii de Jos, near Bucharest, in a deal worth around €7.5 million.

Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store. 

LCP Properties is strengthening its collaboration with Refield. This partnership was confirmed with the announcement of the project's acquisition in Zwoleń (eastern Poland) on the day of its official opening. The sale agreement was based on a model in which Refield was responsible for both the construction and commercialization of the property. Pasaż Zwoleński, now officially opened as M Park Zwoleń, offers nearly 5,000 sqm of GLA with eight tenants. The project boasts a 100% occupancy rate. The value of the transaction has not been disclosed.