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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.

Iulius invests 80 million euros in the redevelopment of the Palas Iaşi mixed-use complex

Iulius company has started a project to redevelop the Palas Iași mixed-use complex, with an investment estimated at 80 million euros, based on a concept created by the renowned architecture firm Foster + Partners.

Colliers: Lower pace for office deliveries in Bucharest - 2024 marks the lowest level in the last 20 years

2024 marks the lowest office deliveries in Bucharest in the last 20 years, according to Colliers. Colliers consultants anticipate that company expansions will be fewer and more selective compared to the pre-pandemic period. In this context, new demand could see a slight decline in 2025. The only mixed-use office project set to enter the market in 2025 is One Gallery, developed by One United, offering 6,500 square meters of space, which is already fully leased.

Colliers: Land continues to be a strategic investment despite the uncertainty in the economic and political climate

Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers' annual report. Bucharest and its metropolitan area continued to be the main hub for transactions, accounting for 80% of the total, while residential projects made up 70% of these deals.

Green buildings, dynamism and promising prospects position Romania among the top office markets in Central and Eastern Europe

Bucharest is among the largest and most mature office markets in Central and Eastern Europe. Along with Warsaw, Prague and Budapest, the Romanian capital has stood out for its growing green building stock and the integration of sustainability standards, according to Colliers' report "CEE Office Markets on the Green Path - Decarbonisation Potential", which analyses office markets in 11 cities in the region.

The real estate investment market in Romania closes the year 2024 with transactions totaling EUR 750 million

Real estate investments in Romania reached EUR 750 million in 2024, registering a 58% increase over the previous year, although slightly below the annual average of EUR 800 million reported over the past decade, according to Colliers' annual report.

Residential sector led with the highest volume of transactions in Romanian land market 2024

Similar to 2023, last year the Romanian land market totalled around €450 million, from what the residential sector generated the highest volume of transactions, as Colliers Romania.assumes.

How Will Romania's Real Estate Market Look in 2025 - A Colliers Analysis

The Romanian economy and real estate market are entering 2025 with positive long-term prospects but also significant challenges for the year ahead, according to Colliers consultants in the report "Top 10 Predictions for the Romanian Real Estate Market in 2025."

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