ARTICLES LABELLED WITH TAG Cluj-Napoca

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.

Romanian developer Scala Development, part of Ax Perpetuum group, has secured  RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.

The VAT for new home purchases will climb to 21% starting next month, as part of Romania’s effort to balance its public finances.

The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.