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Office Market News

Hagag Development Europe adds new mixed-use project to its local portfolio: H Herăstrău Park

Real estate investor-developer Hagag Development Europe has recently signed a partnership agreement with Romanian investment group Niro Investment Group for the acquisition of 50% of the multifunctional building located in the proximity of Herăstrău Park, on 23-25 Ghețarilor Street. In addition, the company exclusively took over the operating and management activities for the entire building.

Romania starts 2025 with a notable advance on the real estate market, according to the latest reports from CBRE Romania

The Romanian real estate market has had a positive start to the year, with a total investment volume of EUR 169 million in the first quarter of the year. The value is more than double the previous quarter and almost at the same level as the same period last year, signaling a sustained return of investor interest in local assets.

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.

Top Real Estate Investor Countries in Romania in the first three months of 2025

In the first quarter of 2025, investors bought commercial real estate with a total value of 155.8 million euros, according to a study carried out by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance, based on data centralized by the Forum of leading real estate agencies in Romania. The largest share, 68%, was recorded by investments from the UK, followed by investments from Lebanon and Romania (9%). The Romanians bought a shopping center in Cluj-Napoca, Winmarkt Someș, with a total area of 7,873 square meters, and a seaside hotel, Hotel Balada Saturn, with 283 rooms, both with a total value of 14.4 million euro.

Interviews

Optimal Office: The Newest Modern Solutions for Offices in Cluj-Napoca

In a constantly changing market, Optimal Office offers a flexible workspace adapted to the needs of modern companies. It's more than just an office – it's a place where efficiency and comfort meet to create an ideal work environment. We spoke with Ioana Marin, co-founder of Optimal Office, about the office concept and the advantages for its clients.

ESOP Consulting, one of the pioneers of modern office and industrial space brokers

ESOP Consulting is a reference company on the real estate market in Romania, being among the top 10 consulting companies in the office and industrial space segment, offering real estate consulting services for various types of properties, including offices, industrial properties and land. We spoke with Alexandru Petrescu, Managing Partner ESOP Consulting | CORFAC International, to learn in detail the ingredients of a successful local business in the field of premium real estate consulting, but also for a lesson in organization, vision and business clarity, useful for any real estate entrepreneur, as wel as for any company that has, at some point given, interference with the real estate market (whether it is the rent of a premises or the management of its own assets). And last but not least, to turn a page in the modern history of the real estate market in Romania.

Transactions

Date Business Center Tenant m2 Lessor
2025 Q1 Floreasca Park Printec Group 1200 CBRE Romania
2025 Q1 Oregon Park BNP Paribas 6200 Lion’s Head Investments
2025 Q1 Bucharest One (Globalworth Tower) Kinstellar 2000 Cushman & Wakefield Echinox

More Transactions »

Best of 2025

  • Largest Rental:

    Oregon Park - Lion’s Head Investments, with 6200m2 rented space

  • Most Active Office Building:

    Oregon Park, 1 rentals, with 6200m2 rented space

  • Most Active Lessor:

    Lion’s Head Investments, 1 transactions, transactions total space: 6200 m2

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