Aya Properties Fund has sold Record Park, an office complex in Cluj-Napoca, to BT Property through Inno Investments in a deal that marks the first completed investment cycle for the Belgium-based fund.

Office leasing activity in Cluj-Napoca exceeded 18,000 sqm in 2025, following a strong 2024 that recorded 50,000 sqm of office space leased.

Romania's largest office tenants pay more than €260 million annually for modern office spaces, representing less than 1% of their combined 2024 turnover, according to analysis by Cushman & Wakefield Echinox.

Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.

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

Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania’s VIVO! Cluj-Napoca project.

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

Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025. 

More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data. 

Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.