More than 13,200 houses and apartments were sold in Bucharest and the surrounding area in the first three months of the year, down 4.3% compared to the same period in 2024, according to an analysis by the real estate consultancy company SVN Romania based on statistics from the National Agency for Cadastre and Real Estate Advertising (ANCPI).Over 11,200 homes were traded in Bucharest in the first quarter, down 5.4% compared to the same period last year, while 1,960 homes were sold in the Ilfov County, up 2.4% compared to the first three months of 2024.The different annual variations between the two areas can also be explained by the decrease in the number of new homes completed in Bucharest, simultaneously with the delivery of an increasing number of homes in the surrounding localities of the capital city."The first quarter of 2025 was a good one for the largest residential market in Romania, despite a 4.3% lower result compared to the same period last year, in a context in which the beginning of 2025 was marked by socioeconomic uncertainties but also by a prolonged period of holidays at the beginning of the year. The decrease in supply, corroborated with a demand that remained at a high level, led to even higher pressure on transaction prices. However, potential buyers seem to have already adapted to the new prices, the affordability of buying a home still remaining at a good level," commented Andrei Sarbu, CEO of SVN Romania.Approximately 18,000 new homes could be completed in Bucharest and its surroundings this year, according to SVN Romania, a level as low as that recorded in 2024, when the capital region saw the lowest number of homes delivered in the last five years.Almost 37,000 houses and apartments were sold in Romania in the first three months of this year, down 4.9% compared to the same period last year. Most residential units were transacted in Constanta, Cluj and Timis, official statistics also show.
In Romania’s rapidly evolving real estate landscape, One United Properties is doing more than building apartments - it’s crafting aspirational lifestyles and shaping the city. “People are not just looking for an apartment - they want to acquire a lifestyle,” says Beatrice Dumitrașcu, CEO of the Residential Division, whose strategic vision has helped shape one […]
The Association of Business Service Leaders in Romania, or ABSL, announced the election of Adrian Baron as President of the Board of Directors on Thursday, April 24. With over 10 years of experience in the business services industry and currently Head of Services Management Platforms at Stefanini, Baron is the youngest member of the current […]
Romanian prosecutors decided on Thursday, April 24, to extend the judicial control over Călin Georgescu for another 60 days, Digi24 reported. The former far-right presidential candidate appeared at the headquarters of the General Prosecutor’s Office in the case in which he is accused, among other things, of incitement to actions against the constitutional order. ...
Romanian environment minister Mircea Fechet stated on Thursday, April 24, that the Deposit-Return System, or SGR, has reached a sufficient level of maturity to consider introducing a fourth category of packaging, namely reusable packaging. According to the minister, who was present at the "SGR in Romania" conference that day, a draft Government Decision making the […]
Coffee brand Tchibo Romania relocated its headquarters to Business Garden Bucharest, Building A, 4th floor, occupying a space of 1,130 square meters. The rental transaction was facilitated by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance. “Tchibo, in the process of relocating its headquarters and consolidating its business with a new […]
In a world where customer attention is fragmented and advertising ROI is under constant scrutiny, Auchan Romania is setting a new standard for how brands connect with shoppers. “We’ve practically revolutionized the way we communicate and interact with consumers,” says Tiberiu Dănețiu, Director of Corporate Affairs & Retail Media at Auchan Romania, as he outlines […]
