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Leroy Merlin Leases 4,000 Sqm in Floreasca Park office building in Bucharest

DIY giant Leroy Merlin has secured a significant 4,000 sq. m office space lease in Floreasca Park, a move that underscores the continued attractiveness of the Floreasca – Barbu Vacarescu area, Bucharest's second-largest office hub, for major businesses. This deal, brokered by Cushman & Wakefield Echinox, highlights ongoing activity and demand for quality office environments in prime Bucharest locations.

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iO Partners has announced the launch of its new Asset & Portfolio Sustainability Services, developed through an exclusive cooperation with Walvius Partners, a leading energy and sustainability consultancy. This strategic alliance enhances iO Partners’ commercial real estate advisory capabilities across the Central and Eastern European (CEE) region by fully integrating sustainability expertise into its service offering.

CBRE: Romania starts 2025 with a notable advance on the real estate market

The Romanian real estate market has had a positive start to the year, with a total investment volume of EUR 169 million in the first quarter of the year. The value is more than double the previous quarter and almost at the same level as the same period last year, signaling a sustained return of investor interest in local assets.

Romania offers some of the highest investment incentives in the EU for industrial and office projects

Romania is attracting increasing attention from investors considering Central and Eastern Europe for industrial or office developments, thanks in part to generous government incentives that can cover up to 70% of eligible project costs, according to Colliers' latest report, "How Government Incentives Shape Industrial & Office Real Estate in CEE".

Romania starts 2025 with a notable advance on the real estate market, according to the latest reports from CBRE Romania

The Romanian real estate market has had a positive start to the year, with a total investment volume of EUR 169 million in the first quarter of the year. The value is more than double the previous quarter and almost at the same level as the same period last year, signaling a sustained return of investor interest in local assets.

Real estate consultancy Colliers is strengthening its partnership with Solida Capital by taking over the property management of Victoria Center

Real estate consultancy Colliers is strengthening its partnership with Solida Capital by taking over the property management of Victoria Center, marking a significant step in its collaboration with one of the newest active investors in the Romanian real estate market. On a national level, Colliers Romania manages approximately 660,000 square meters of real estate in major cities such as Bucharest, Cluj-Napoca, Timișoara, Brașov and Arad, overseeing assets with an annual service charge budget of approximately 30 million euro.

Romania’s banking sector has a low exposure to commercial real estate, indicating stability and growth potential

The exposure of the Romanian banking sector to the commercial real estate market (excluding the residential segment) exceeded RON 100 in September 2024, representing half of the total exposure to non-financial companies, according to Cushman & Wakefield Echinox data, based on NBR reports.

Office Fit-Out Costs in Bucharest increased by 12% in 2024, but remain among the most competitive in the CEE

The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the Fit-Out Cost Guide 2025.

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