The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release.
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
Bellemonde, the developer of a residential and villa complex near Bucharest, has signed a partnership with Hype Project, the premium architecture and interior design studio founded by architect Victor Grosu.
A Lego store will open in Kraków's CH Bonarka. The Danish brand's store will have 300 sqm of space.
XTB has extended its lease in Warsaw's Skyliner. The company will continue to occupy nearly 4,400 sqm in the office building. The company moved its headquarters to Skyliner in early 2022, occupying three floors. The new contract extends the existing contract for another 63 months.
CitySpace, an operator specializing in flexible office spaces, is launching its fifth office in Wrocław, in the City 2 building – the part of the office complex located on Traugutta Street. The new CitySpace Forum office is a 2,300 sqm space.
New appointments
GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.
P3 Logistic Parks has announced the appointment of Chris Zeuner as its new Chief Investment Officer (CIO), effective from the 1st of September, 2025. Zeuner has over 25 years of experience in real estate investment and capital markets, most recently serving as co-CEO, and prior to that as CIO, at 7R.
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