Czech investment group SCF has completed the acquisition of two Romanian NEST retail parks from developer RC Europe for nearly €40 million. The transaction marks SCF's entry into its fourth country, expanding its Central European retail portfolio beyond the Czech Republic, Poland and Slovakia.

Construction group Strabag SE has signed an agreement to fully acquire Bawi Construction, headquartered in Bucharest, in a bid to strengthen its position in the European railway infrastructure business.

Lavinia Ioniță Rasmussen, NNDKP Real Estate Partner, tells Property Forum that institutional investors have constructive outlook on Bucharest's real estate market. At the same time, she expects retail, logistics and renewable energy to drive mandates for NNDKP's real estate practice this year.

Solida Capital has announced its first residential development in Romania, a boutique project in Sector 1, Bucharest, as part of a joint venture with Radox.

Daniel Tudor, Founding Partner and CEO The Concept Group, spoke to Property Forum about the maturing residential market and the firm's strategic goal to exceed the threshold of €500 million in portfolio under management. He also mentioned the expansion plans for the company and role of energy efficiency in making residential projects competitive.

Investis and iO Partners have completed the sale of a 39,000 sqm land plot located near Mall Moldova in Iași. The land was owned by Argo Property Management.

Companies and entrepreneurs looking to lease coworking spaces in Romania can now evaluate the best market options using multiple criteria including economic efficiency, workplace quality and technical specifications, according to a new guide developed by Beyond Space in partnership with Cushman & Wakefield Echinox.

Yitzhak Hagag, Co-founder & Chairman of Hagag Development Europe, spoke to Property Forum about the firm's strategic focus on diversifying into hospitality and energy while maintaining strong growth in its core office and residential segments. He noted that rental income rose by 32% as the company prepares for major luxury retail and hotel project deliveries.

Cordia Romania has marked a milestone with the cornerstone ceremony of Centropolitan, its residential project in central Bucharest near Bucharest Mall and Alba Iulia Square. The event, attended by Tibor Földi, Chairman of Cordia Group, and Mauricio Mesa Gomez, Chairman of Cordia Romania and Spain, signals the official launch of construction for the 274-apartment development.

Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.