ARTICLES LABELLED WITH TAG Romania

The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

The Accor hotel chain has announced the opening of its first international brand hotel in Alba Iulia. The new Mercure hotel is the tenth under this brand in Romania.

Adinel Tudor, CEO of EVO Properties, spoke with Property Forum about the ongoing transformation of the London & Oslo buildings into a multifunctional project following a planned investment of €10 million and the trends in the Bucharest office market.

Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania’s commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.

Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.

Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.

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. 

NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.

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.