Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.

The Savarin project by Crestyl Development Group has received a valid zoning decision, enabling the reconstruction of the courtyard in the vicinity of Prague's Wenceslas Square.

In the first half of 2025, CPI Property Group (CPIPG), owner and manager of 23 shopping centres and retail parks across Poland, signed 78 retail lease agreements – including new contracts and extensions – for a total of 14,900 sqm.

Shopper Park Plus (SPP) has signed a letter of intent appointing Eston International – the Hungarian partner of Savills – as the exclusive property manager for its Hungarian retail park portfolio from 1 January 2026. The three-year contract will cover 14 grocery-anchored properties with Tesco as the main tenant, adding 200,000 sqm to Eston’s managed portfolio and bringing its total to over 600,000 sqm.

Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million. 

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

In a time of shifting consumer behaviours, rising costs, and increasing sustainability demands, retail landlords must do more than simply lease space. Property Forum spoke with Marek Noetzel, COO of NEPI Rockcastle, about how the region’s largest retail investor is adapting its strategy to meet changing market dynamics. From expanding into new cities to rolling out large-scale refurbishments and solar investments, NEPI Rockcastle is focused on curating experiences, driving operational efficiency, and enabling retailer growth across Central and Eastern Europe.

MPC Properties has sold CBRE Immo Outlet Center in Belgrade to PFT Celanova for an undisclosed sum.

Investor interest is diversifying, with hotels and office properties being the most sought-after segments in H1 2025, and a growing trend of repurposing older office buildings into hotels or residential use, according to experts of Colliers Hungary.

M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.