A Romanian investor with a substantial portfolio of commercial spaces has acquired half of the landmark Scala apartment building from the heirs of the Bragadiru family.

Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.

Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025. 

Bucharest has cemented its position as one of Europe's most affordable business hubs, ranking fourth for prime office rents, according to the latest report from BNP Paribas Real Estate. 

Romanian real estate company Bucur, controlled by Longshield Investment Group, has purchased the CSDA Siriului office project in northern Bucharest for an undisclosed sum.

Romania's residential market experienced a significant surge in July, with a record number of apartment sales recorded in Bucharest and other major cities.   

AFI Loft, AFI Romania's newest Class A office project in Bucharest, has achieved LEED Platinum certification.

West Group has completed the acquisition of the iResidence residential project in northern Bucharest. The deal was carried out under agreed commercial conditions, with construction activity on site continuing without interruption.

Property Forum is excited to announce that nominations are now open for the SEE Property Forum Awards 2025! This is your chance to showcase your or your team’s outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form. Nominations will be accepted until September 19th.

Forte Partners has announced that U•Center 3 in Bucharest has received the Access4you Design Gold Pre-Certification, making it the first office project in Romania to achieve this recognition. The certification was awarded just one month after construction began in July 2025 and ensures the project will meet high accessibility standards for people with diverse mobility, visual, hearing and cognitive needs.