South Eastern Europe

IGD has completed the sale of a fully let property in Turda as part of its 2025–2027 disposal strategy. The buyer is the local municipality, which exercised its right of pre-emption.

Speedwell announces the completion and handover to owners of the third building developed, commercially named C5, within The Ivy residential complex, located near the Băneasa forest. The C5 comprises 128 apartments and 173 parking spaces, with over 70 percent of units sold via recommendations from existing residents.

In 2025, Ananda Group generated a consolidated turnover exceeding 265.69 million lei, confirming its strategic positioning in the Bucharest-Ilfov residential market. With more than 3,800 homes delivered to date, the group is now entering a new phase of growth, announcing the development of over 2,500 additional apartments in ...

In a year marked by modest growth in Bucharest’s tourism market, Hotel Cișmigiu delivered above-average results. This was announced by the company today. Revenue rose by 8% year on year, supported by higher ADR and increasing occupancy. According to national statistics, foreign demand continued to drive growth, while the hote...

Skanska has sold the Equilibrium 2 office building in Bucharest or €37m, completing the transfer of the entire Equilibrium campus. The buyer is Magyar Posta Takarék Real Estate Investment Fund, managed by Gránit Asset Management. The 11-storey asset offers around 20,000 sqm of premium office space and was delivered in late 20...

By acquiring the Intersport Slovenia Group, Intersport Austria is significantly expanding its presence in Central and South-Eastern Europe. The network grows to more than 500 locations across twelve countries and reaches an external turnover of around €1bn for the first time—also generating tangible effects for retail and rea...

Bellemonde has started construction on Bellemonde Privée, a new €25 million residential phase in the Vasile Alecsandri area of Pipera. The project will bring 52 premium villas to the expanding Bellemonde community and includes shared amenities such as a sports court and swimming pool. Architecture is by Răzvan Bârsan + Partne...

Garbe Industrial and Fortress Real Estate Investments are teaming up for their first joint development in Romania: a 61,000 sqm logistics center in northwest Bucharest. The site, adjacent to the new A0 ring road, offers strategic connectivity and supports Bucharest’s role as a key logistics hub in the region. Construction is ...

BIPA officially entered the Romanian market on Friday with the opening of its first store at Mega Mall in the Romanian capital, Bucharest. The store offers a sales area of approximately 320 sq m and features a modern store layout concept.

Cordia Romania has launched construction on Centropolitan, a premium residential project located next to Bucharest Mall. Following the acquisition of an 8,179 sqm plot from Bog’Art Place, the scheme will deliver 274 apartments and integrated retail space. Chairman Mauricio Mesa Gomez calls the project a key step in the group’...

Speedwell has launched construction on Queens District in Bucharest’s sought-after Aviatiei area. With 237 premium apartments and 22,500 sqm of zero-carbon office space, the mixed-use development combines luxury living and smart investment potential. Early demand is strong, and the project is shaping a new urban hub for profe...

The Fattal Hotel Group and Bain Capital have finalised a hotel deal in Chalkidiki. The five-star, 181-room Cora Resort and Spa in Afytos is now owned by the Fattal Hotel Group.

Cretan Investment Group (CIG), the investment arm of the MK Hotel Collection, has finalized the acquisition of the Hilton Garden Inn Athens Syggrou Avenue. The transaction, structured as a sale-and-leaseback agreement, reinforces the group’s expansion strategy within the Greek capital’s high-growth hospitality corridors.

Wyndham Hotels & Resorts and the Mercan Group have launched a new beachfront resort on the northern coast of Corfu. Located in the village of Acharavi, the 163-room Wyndham Corfu Acharavi marks Wyndham’s brand debut on the island, with expansion plans already underway.

Scallier has strengthened the tenant mix at FunShop Park Vaslui with the market entry of Worldbox, marking the brand’s debut in Romania. The multi-brand fashion and sportswear store occupies more than 660 sqm and adds another international retail concept to the fully leased retail park. The opening underlines the continued at...

Scallier continues its growth on the Romanian market with a new tenant at FunShop Park Vaslui: Worldbox, a multi-brand concept by the CCC Group, has opened a 660 sqm store. Known for its streetwear and sportswear range, Worldbox is in talks for further locations across the FunShop portfolio.

IGD has finalised the sale of the fully leased “Winmarkt Diana” shopping centre in Tulcea, Romania, for €5.6 million. The transaction brings the company’s Romanian disposals in 2025 to a total of €21.8 million, exceeding its business plan target for the year.

Crosspoint Real Estate has successfully advised Eeze on securing a new 1,200 sqm headquarters in Bucharest’s AFI Park Floreasca. With existing offices in Malta and London, the company is reinforcing its regional presence in one of the city’s most ESG-compliant business hubs.