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Property Market News

Major Mixed-Use Development with Offices and Retail Approved Behind AFI Cotroceni, Bucharest

AFI Europe, an Israeli-based developer, has received local planning approval for a significant mixed-use project located strategically behind the popular AFI Cotroceni mall in Bucharest. The ambitious development is set to include modern office spaces, retail units, and residential components.

The construction sector started 2025 with its engines revving, but faces the risk of a significant slowdown in the second half of the year

The construction sector began the year on a strong note, with an 8.5% increase in the first four months compared to the same period in 2024, according to data analysed by Colliers. Infrastructure works led the way with a 15.5% jump, while the residential segment recorded a modest recovery of around 4%. In contrast, non-residential construction, including office, industrial and commercial spaces, declined by nearly 2%, reflecting subdued demand and increased caution among private investors. Optimism among construction companies, as measured by Eurostat surveys, is currently at a 3-year low, but the level itself is quite far from the pessimism seen during the initial phase of the pandemic or during past recessions seen in Romania. This suggests that based on the intel that they have, market participants only see a slight slowdown on the horizon, not a significant crash.

One United Properties’ shareholders approve payment of a dividend of 15.6 million euros for the financial year 2024

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, held, on April 29th, 2025, the General Meeting of Shareholders (GMS). During the GMS, the shareholders approved, among other items, the distribution of the second tranche of the dividends from 2024 profits, the 2025 budget, and re-elected members of the Board of Directors. The quorum of the GMS was over 75%.

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 SomeÈ™, 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.

Interview

PropTech will completely transform the way real estate works today

An interview with VINCENT VALLOIS MRICS, co-founder of Online Real Assets, the first real estate start-up hub in Central and Eastern Europe.

Advice from Experts

Real Estate Market

ro.1001m2.com

ADINA CAMARA

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