NEPI Rockcastle, the largest owner of shopping centres in CEE, said its net operating income rose 11.2% year-on-year to a record €618 million in 2025, while the distributable earnings increased 6.7% to €441 million.

In a video interview recorded at CEE Property Forum 2025 in Vienna, Marek Noetzel, COO of NEPI Rockcastle and incoming CEO from April 2026, shares his outlook on retail trade across the region, the company’s growth strategy and his priorities for the next phase of leadership.

Aya Properties Fund has sold Record Park, an office complex in Cluj-Napoca, to BT Property through Inno Investments in a deal that marks the first completed investment cycle for the Belgium-based fund.

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Romania's construction market reached near-record levels in 2025, with work volumes growing almost 8% in the first eleven months compared to the previous year, according to Colliers' annual report. The sector now represents 9% of GDP, the highest share in the European Union and well above the 5% EU average.

Property developer Speedwell has completed and handed over the third building within The Ivy residential complex located near Băneasa forest, in northern Bucharest.

Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.

Property developer Prime Kapital has secured a €150 million syndicated loan arranged by UniCredit Bank Romania and Alpha Bank Greece to refinance Mall Moldova.

Romania's commercial real estate investment market recorded approximately €500 million in 2025, down 31% from the previous year, due to the absence of large transactions.

Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.