Romania's construction volume close to new record in 2025

19
Feb
2026
News - Romania's construction volume close to new record in 2025 #Alexandru Atanasiu #Colliers #Construction #GDP #Infrastructure #Romania

by Property Forum | Report

Romania's construction market reached near-record levels in 2025, with work volumes growing almost 8% in the first eleven months compared to the previous year, according to Colliers' annual report. The sector now represents 9% of GDP, the highest share in the European Union and well above the 5% EU average.


The growth is driven primarily by civil engineering projects, including publicly funded infrastructure and major hospitals, which hit record levels in 2025. Non-residential construction increased over 11% compared to 2024, approaching 2023 peak levels, while residential construction grew more than 12%. Overall construction activity reached almost double pre-pandemic levels.

"The data clearly show that Romania's construction market is operating at a very high pace, close to historic highs, with this momentum driven primarily by large-scale public projects," explains Alexandru Atanasiu, Partner and Head of Construction Services at Colliers. "We are referring to volumes of work - the intensity of activity and number of labour hours - rather than the financial value of investments, which makes these results all the more remarkable."

However, the sector faces mounting cost pressures. A new carbon tax on construction materials imported from outside the EU, effective from 2026, could increase costs by 10-15%. Given Romania's heavy reliance on steel, aluminium and other metal imports, construction companies are unlikely to absorb these costs fully. Copper prices rose over 40% in 2025, reaching historic highs, while other base metals also recorded significant increases.

The construction workforce reached a record 462,000 employees in July 2025, up 1% year-on-year. Despite wage pressures in a tight labour market, Romanian construction salaries remain below other CEE countries, providing companies some flexibility. Colliers expects a more balanced market evolution in 2026, with activity continuing to be supported by public investment, provided political stability is maintained.




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New leases

  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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