Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.  

STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.

Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.

Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.

Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.

InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.

Romanian entrepreneurs Cristian and Teo Mercinoiu have bought a land plot near the Victoriei Square in central Bucharest, in a deal brokered by iO Partners.

Romanian developer Akcent Development has started the construction of the Akcent City project, consisting of 723 apartments, in northern Bucharest. The company is investing around €90 million in the project expected for delivery in H2 2025.

New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability

Property developer Prime Kapital has received the building permit for Pleiades Residence in Ploiești and will start construction by the end of spring.