One United is Developing new Exclusive Complex in Bucharest

One United Properties is starting construction on a new luxury residential complex, estimated at EUR 135 million, on a plot of land located between Lake Floreasca and Lake Tei in the capital. The project, One Floreasca Sunset, will include 221 apartments, a minimum of 30% green spaces, complementary mixed-use functions and a sports area for residents. Completion is estimated for 2028.

The new 14-story complex will be developed on a 9,045 sqm plot of land, located on Str. Barbu Văcărescu no. 241–273.

The company continues the series of developments built in northern Bucharest under the One Floreasca banner, which includes One Floreasca Lake, completed in 2013 – 2015, One Floreasca City, the mixed-use complex built on the former Automatica platform and completed in 2021, and One Floreasca Towers, with estimated completion in 2026.

Fiba Group Targets Portfolio of 500 MW in solar, wind and storage in Romania

The Turkish Fiba Group, with businesses in banking, energy, retail, real estate and tourism, present locally since 1997, through Anchor Grup, the developer of Bucharest Mall and Plaza Romania, aims to reach 500 MW in several technologies, within a five-year period. The first 200 MW in solar are already in the works.

“In Romania, we have been present in the real estate sector since 1997, then we took the step towards the banking segment in 1999, and here we want an accelerated growth in the digital area. We have assets of EUR 670 million and 300,000 customers and we want to develop this portfolio,” said Murat Özyegin, Chairman of the Board of Directors, Fiba Group.

“Now we are focusing on the energy market, with an emphasis on solar energy and storage. We have already secured a portfolio of 200 MW in solar energy, which we are finalizing with 106 MW in storage. We estimate the completion of the projects within 18-24 months. At the group level, we have a portfolio of 730 MW, solar and wind, in Turkey, but we want to become a 1 GW company at the regional level,” added Murat Özyegin.

Source: zf.ro

Transilvania Constructions Budgeted EUR 22 mln business in 2026

Transilvania Constructions group of companies, which includes seven companies with activities of development, construction and management of industrial parks, warehouses, halls and office spaces, as well as their rental, controlled by the Timofte family from Cluj, is counting on a total turnover of approximately EUR 22 million this year, an increase of almost 6% compared to last year. The Transilvania Constructions group of companies ended 2025 with a total turnover of EUR 20.8 million.

“For 2026, we estimate a turnover of approximately EUR 22 million. These projections are mainly based on the portfolio of existing contracts, the occupancy rate of the spaces under management, as well as the projects under development,” declared Andrei Iancu Timofte, General Manager of Transilvania Construcţii.

Source: zf.ro

Băile Herculane Resort to Host its first Five-Star Hotel

Băile Herculane resort will host its first five-star hotel in approximately two years, following an investment made by entrepreneur Nicolae Căpușan through the rehabilitation of the former Hotel Decebal.

The restoration works of the building’s exterior have been completed, and the interior design and installation of technical systems are currently underway. The new luxury unit will operate with a capacity of approximately 60 rooms, representing half of the original volume of the historic building. It is estimated that the hotel will be inaugurated in approximately two years, after the completion of the interior design.

The entrepreneur estimates that, by attracting new private investments, Băile Herculane has the potential to become a major national tourism hub again within a five to ten year horizon, amid increasing preferences for domestic destinations.

Lidl Romania Invests EUR 285 mln in the National Network Expansion

The German retailer Lidl continues to invest in Romania and announces an expansion plan of over EUR 285 million for 2026, dedicated exclusively to the expansion of the national network with over 40 new stores.

The budget is 56% higher than the one allocated in 2025 and supports the acceleration of growth plans at the national level.

“The fact that our expansion plan for 2026 has a budget 56% higher than last year reflects Lidl’s confidence in the potential of the local market and our commitment to offering Romanians high-quality products at unbeatable prices. We continue to invest in our relationship with our customers, maintaining our relevance and coming even closer to them and their needs. We are and will remain a store present in people’s daily lives, not only through our products that we find on the tables and in the refrigerators of millions of Romanians, but also through the added value we offer in communities. The inauguration of over 40 new stores will contribute to the local economy and the development of the entire supply chain, by creating new direct and indirect jobs,” said Alberto Chueca, CEO of Lidl Romania.

The stores that will be inaugurated in 2026 will be both large units, with sales areas between 1,400 and 1,700 sqm, and more compact units, of approximately 1,100 sqm.

Swan Office Project to be Transformed Into Residential Complex

Smartown, the group through which Israeli billionaire Teddy Sagi carries out his real estate investments in Romania, is selling all the office buildings it owns locally, and the Swan Office project in Pipera, wants to be transformed into a complex with apartments, a school, medical facilities and an aparthotel.

Smartown Investments is already working on an urban project that provides for the transformation of the 3 buildings in the Swan Office & Technology Park complex, in the context in which the rental rate of the commercial property is low. The 3 office buildings in Swan have a total leasable area of 24,440 square meters, plus 4,684 square meters of retail space.

Recently, the owner of the complex announced that Mercedes-Benz Romania, Maserati, Chery, Daimler Truck & Bus and a global electric vehicle manufacturer have established their offices and showrooms in Swan Office & Technology Park, occupying a total leasable area of 9,000 square meters. Previously, eMag and Altex also had their headquarters in Swan, but they have moved.

Teddy Sagi bought Swan in 2016 for EUR 30.3 million.

Source: Profit.ro

One United Properties Prepares New Residential Project in Bucharest

Real estate developer One United Properties has acquired a plot of land measuring approximately 9,045 sq m on Barbu Văcărescu Street in Bucharest, on which it intends to build the One Floreasca Sunset residential complex, with a gross development value (GDV) of EUR 135 million.

The land was purchased from Sunset Lake Investiții SRL, managed by Lucian Tutunică. One United Properties did not publicly disclose the price paid for the land on Barbu Văcărescu.

The new One Floreasca Sunset project will include a two-story building with a total built-up area of 29,138 sq m. The residential component includes 221 residential units. The lower levels will include commercial spaces (1,172 sqm), offices (981 sqm) and administrative spaces (156 sqm), as well as a sports area for residents. The parking lot provides 361 spaces.

“One Floreasca Sunset is part of our strategy to invest in land with an exceptional positioning, in mature urban areas, where demand is supported by solid economic fundamentals and an already functional infrastructure. The Floreasca neighborhood probably remains one of the most desired exclusive residential addresses, one of the most stable market segments in Bucharest,” said Victor Căpitanu, co-founder and co-CEO of One United Properties.

AFI Romania Prepares New Project in Cotroceni, Bucharest

Developer AFI Romania is preparing the first stage, with rental housing, of a large real estate project that will also include offices and a hotel, behind the AFI Cotroceni mall.

The developer will start by constructing a building with 3 vertical traffic nodes called AFI Home Cotroceni.

The buildings will be intended for housing. 284 apartments and 382 parking spaces will be arranged. On the ground floor there will be commercial spaces for rent, office spaces (co-working), homes with their own garden, 3 loft-type apartments. Two civil protection shelters will be provided, located in the basement – 2. The shelters will be able to accommodate 900 people.

This first stage of development in Cotroceni will be carried out on a plot of land with an area of 9,517 square meters, purchased from BCR for 7.4 million euros in 2020. The Israeli investor also owns a plot of land of about 4 hectares, which completes this project and on which the construction of 4 other commercial buildings is planned: offices and a hotel, and two more residential buildings.

Source: Profit.ro

Globalworth Green Court Building D surpasses 60% occupancy just 5 Months after Construction Start

Globalworth announces that Building D of the Green Court complex has reached an occupancy rate of over 60% just five months after construction began.

Building D, whose construction began in the last quarter of last year, will add 16,500 sqm of office space, distributed across three underground levels, the ground floor, and 11 upper floors.

“The fact that we have exceeded the 60% occupancy threshold for Building D of the Green Court complex just a few months after the start of construction confirms the attractiveness of the projects developed by Globalworth and companies’ confidence in our high-quality office spaces. In a volatile economic context, this evolution shows that well-positioned projects developed to high standards continue to attract tenants’ interest” said Ema Iftimie, Managing Director of Globalworth Romania.

The Green Court complex already hosts, in its three existing Class A buildings (A, B, and C), renowned local and international companies such as Banca Transilvania, Abbott Laboratories Romania, Beko Romania, Capgemini Romania, Ericsson Telecommunications Romania, Legrand Romania, Softelligence, TDCX Romania, Nordic Group, Carrefour Romania. The total leasable area of Buildings A, B, and C is 54,300 sqm.

Crosspoint Real Estate: Apartment transactions down 18.6% in Bucharest in the first two nonths of 2026

The residential market in Bucharest started 2026 with an 18.6% decline in the number of apartment transactions in January-February compared to the same period last year, according to an analysis by Crosspoint Real Estate, International Associate of Savills in Romania. In Ilfov, the decline was 10.9%.

These figures follow a 2025 in which the total transaction volume in the Bucharest–Ilfov metropolitan area had already dropped 8.5% compared to 2024, to 55,297 units, while prices for new units rose by approximately 20%, reaching an average of EUR 2,500/sqm.

“What we are seeing in the market now is the consequence of an accumulated permitting deficit over several years, overlapping with pent-up demand and a shifting regulatory framework”, explains Oana Popescu, Head of Residential at Crosspoint Real Estate, International Associate of Savills in Romania. “The residential projects we take on from the concept phase reflect an increasingly selective approach by developers. We are talking about fewer units, better positioned, with a product calibrated to the segments that better absorb cost pressure. This evolution has also been reflected in our portfolio mix, which has clearly shifted toward middle-high and premium, segments that together now account for 80% of our residential consultancy activity”, Oana Popescu added.

The residential market entered 2026 with the most constrained pipeline in the past five years, with only 4,013 building permits issued in 2025 in the Bucharest–Ilfov area. The 5% increase in this indicator in 2025 compared to 2024 remains marginal relative to the deficit accumulated in recent years.

At the same time, the 2% growth in deliveries recorded last year compared to 2024, reaching 17,293 newly completed homes in Bucharest–Ilfov in 2025, came in a context where the reduced 9% VAT rate was conditioned, from August 2025 onward, on apartment delivery by year-end. Developers therefore accelerated construction to meet this deadline, and the delivery figure partly reflects an artificial increase driven by the fiscal calendar, rather than a production capacity that will be sustained into 2026.

Additional pressure comes from the entry into force of Law 207/2025, which intervenes in a market that delivered less in 2025 than in any year during the 2019–2022 period. While the regulation addresses a genuine gap in buyer protections and represents a step toward European standards, the side effect on the pipeline will be visible. Projects that relied on off-plan sales to finance construction phases will face additional difficulties, and some planned developments will not reach the execution stage.

“2026 is a year of recalibration, not crisis. Buyers who understand that new supply will remain limited over the next two years and that prices within Bucharest will not see structural declines. have a decision window before the supply pressure becomes even more visible. The market has matured, and the purchasing decision has become more rational, focused on total cost and long-term quality. This is a healthy development for all participants involved”, said Valentin Neagu, Managing Director of Crosspoint Real Estate.

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