The overall investment volume in the Romanian real estate market was 566,9 million euros in the first 6 months of 2022, two times more than in the same period of 2021, of which 476.9 million euros in the last three months, according to a study made by Fortim Trusted Advisors company, a member of BNP Paribas Real Estate Alliance. As a comparison, real estate transactions of 194 million euros were conducted in the first two quarters of 2021. The retail field attracted most investments in 2022 – 249.7 million euros. They included commercial center Cora of Cluj Napoca and the whole Value Center portfolio which includes retail parks DN 1 Value Center near Bucharest and Dambovita Mall, Targoviste and other commercial areas in Zalau, Ploiesti, Sfantu Gheorghe and Barlad. The office segment ranks second in the top of investments, with transactions of 220.3 million euros. “Present investors are mostly specialised companies such as S Immo, Hagag, Indotek, MAS RE, Arcona Property Fund. 69% of the total value invested in real estate in this period came from REIT type companies (Real Estate Investment Trust), which own, operate or finance real estate shares that produce incomes. The largest amount paid for a single real estate stock in Romania in 2022 was for Expo Business Park office project in Bucharest. This amount might be exceeded until the end of the year by a new office project,” said Nicolae Ciobanu, managing partner Head of Advisory Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance. The office buildings sold this year include Expo Business Park, One Victoriei Center, Baneasa Business Center and Record Park Offices.The industrial field ranks third as investment value with 54.4 million euros in two transactions.The hotel field ranks 4th, five big transactions being made in the last three months, with a total of 38.9 million euros. In quarter 2, 2022, two modern office buildings were commissioned – AFI Tech Phase 2, with an area of 25,000 sq.m and Arghezi 21, with 5,700 sq.m. The modern stock of office areas amounts to a total of 4.077,955 sq.m, at the beginning of July 2022, according to Fortim Trusted Advisors. A single office building, One Cotroceni Phase 2, with a total area of 28,841 sq.m will be completed until the end of the year. The announcement of Timpuri Noi Square project of 50,000 sq.m, brings a change in pipeline, of the new area stock, the commissioning being estimated in 2025. Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance in Romania, is a real estate consulting company set up in 2002, which has been controlled by Costin Nistor, Bogdan Cange and Nicolae Ciobanu since 2020. The company offers real estate consulting services for the office, retail, industrial & logistics, evaluations, capital markets, research segments and property management services. In the Property Management area the company administers over 115,000 sq.m of offices, retail and industrial areas. Some of the most important recurrent customers of Fortim Trusted Advisors are Morgan Stanley, Add Value Management, Indotek, Kesz and First Property Asset Management. In the office segment, the company dealt with transactions for Reckit Benkiser, Renault, Fortech, Grohe, Credius, OLX Group, Multinode Network, AHI Carrier, AVL, UMT Software, Future Electronics, The Home and Bioderma.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
