The transaction, valued at EUR 49 million, was signed at the end of 2024 and was finalized in January 2025, after obtaining the necessary approvals from the Competition Council and the Committee for Foreign Direct Investments in Romania.

Developers completed over 570,000 square meters of logistics and industrial spaces last year, up 27% compared to 2024, bringing the national stock of such spaces to approximately 7.6 million square meters. Development activity returned to growth after project deliveries in 2023 were 46% below the 2022 level, according to data from the real estate consulting company Cushman & Wakefield Echinox.

Lion’s Head Investments announces its entry into the Romanian logistics market with the acquisition of a 155,000 sqm plot of land. The company is a joint venture between AG Capital and Old Mutual Property, managing a real estate investment portfolio worth €440 million, which includes Oregon Park in Bucharest.

The sale of Shopping City Suceava marks the end of an important cycle for Argo Capital Property's presence in Romania.

Romania recorded commercial real estate transactions totaling approximately €730 million in the past year (including only transactions valued at a minimum of €5 million), representing a 47% increase compared to €496 million in 2023. Notably, 2023 marked the lowest transaction volume in the last decade.

The industrial real estate market in Central and Eastern Europe (CEE) showcased varied performances in Q3 2024.

River Development, one of the leading real estate developers in Romania, has a new Managing Partner since January 2024. Oana Rădulea takes over the executive management of the company, from the former Executive Director, Liviu Birău.

According to a survey conducted by Genesis Property, out of 1,247 respondents representing multiple generations nationwide, nearly 61% of employees believe the ideal office should be in a campus with many amenities and options for office life and leisure time, with different spaces where they can work according to their needs.