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Articles - commercial real estate market

Procter & Gamble relocates Romania HQ to YUNITY Park: a 10-year commitment to premium office space

Global giant Procter & Gamble has signed a significant 10-year lease agreement, moving its Romanian headquarters to Genesis Property's prestigious YUNITY Park business campus. This move underscores the demand for high-quality, modern office solutions in the region and Genesis Property's leading role in the commercial real estate market.

Bucharest office market resurgence: €250M+ developments and prime leasing opportunities

Bucharest's commercial real estate market is buzzing with renewed activity. Despite a slight dip in overall transaction volume, the city is experiencing a significant drop in office vacancy rates and a substantial pipeline of new, high-value developments, signalling a robust recovery and prime opportunities for businesses seeking modern office spaces.

AFI Europe transforms former Bancorex building on Calea Victoriei into a new landmark for premium offices in Bucharest

AFI Europe is set to transform a landmark site on Calea Victoriei, as the former Bancorex building undergoes a significant redevelopment. This ambitious project signals a new era for modern commercial real estate in Bucharest, offering prime opportunities for businesses seeking high-quality office environments.

Google's strategic move to U Center signals south Bucharest's rise as premier office hub

Google Romania is consolidating its operations into a new 9,000 sqm office space within Bucharest's prominent U Center complex, a move underscoring the strategic shift towards the city's center-south area. This significant decision by a tech giant highlights emerging opportunities for businesses seeking modern, well-connected office solutions in a rapidly developing hub.

Romania’s real estate investment market: resilience and opportunities for offices and warehouses in 2025

Romania's real estate investment market demonstrated remarkable resilience in the first half of 2025, recording a robust €391 million in transactions. Despite a slight dip from the previous year, this performance marks the second-best H1 in 12 years, signaling a mature and attractive environment for businesses considering office or warehouse space.

Romania's commercial real estate set for massive expansion: over €1.5 billion in new office & industrial space

Romania's commercial real estate market is on the brink of a significant transformation, with major developers pouring over €1.5 billion into new projects. This wave of investment promises nearly 900,000 square meters of new space by 2027, offering unparalleled opportunities for businesses seeking modern office and industrial facilities.

Over 150,000 sqm of real estate stock have been occupied: accelerating demand lowers the vacancy rate across all major commercial real estate sectors

CBRE Romania highlights in its latest report a sustained demand for office, retail, and industrial space, which has driven a visible decrease in vacancy rates over the past year. Demand for office, retail, and industrial space continued to grow significantly in the first half of 2025, leading to notable drops in vacancy rates and marking a stage of maturity for the Romanian real estate market.

Romania's commercial real estate soars: over €1.5 billion in new office and warehouse developments

Romania is poised for a significant transformation in its commercial real estate sector, with major developers investing over €1.5-2 billion in 17 new projects set to add 887,400 square meters of modern commercial space by 2027. This massive pipeline presents unparalleled opportunities for businesses seeking high-quality office and warehouse solutions.

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