Romanian Market analysis: Aesthetics, functionality, and security

According to internal analyses by key players in the real estate market such as Fabrica de Profile, Pinum, and Ambito, beyond the classic elements in purchasing a home — location, neighborhood, price — the new triad of the modern home is based on the details that “cannot be seen” but are essential in the architecture of purchasing decisions.

Thus, this year’s trends emphasize continuity in preferences for refined designs; however, what has changed is the timing of their intervention in the project. We no longer talk about “details at the end,” but about architectural elements integrated from the concept phase.

Pinum, a door manufacturer with over 30 years of history in the Romanian market, has observed a growing interest in innovative products and premium materials. “Romanians are not only more interested in material quality but have also become knowledgeable, capable of making well-informed decisions. In Q1 2025, we observe a clear shift toward more premium materials, moving from standard decorative foils to higher-end options such as painted or veneered finishes. While the budget segment was still popular in Q1 2024, demand is progressively shifting towards the mid-high segment. This change is fueled by economic developments over the last decade, which enable customers to afford higher-quality products, as well as greater maturity in the selection process,” Pinum’s analysis reveals.

The same trend is observed in flooring, where SPC (Stone Plastic Composite) has become extremely popular, according to Pinum. Most often, when customers arrive at a showroom, they directly request SPC, signaling that the product has quickly consolidated its position in consumer preferences due to its appearance, durability, and ease of installation. Light finishes remain dominant in the mid-high market segment, maintaining their top position. However, in the first quarter of this year, there is a clear increase in preference for atypical finishes, indicating that Romanians collaborate more frequently with interior designers who give them the courage and context for bolder choices.

An example of this, provided by Pinum, is the Greige Soft Touch finish, available in multiple collections and gaining more ground — a notable evolution, especially considering it was launched only in mid-2024. Whereas in Q1 2024 white decisively dominated preferences, in Q1 2025 there is a clear diversification of the color palette.

Fabrica de Profile (FDP) also speaks of a refinement in Romanian tastes when choosing design elements. According to FDP’s analysis, in the first months of 2025, the most sought-after models, consistent with 2024 trends, were decorative interior moldings, corner pieces, and corner beads. Although no major changes were noted compared to the same period last year, FDP identifies a refinement of tastes, with customers becoming increasingly attentive to details and eager for decorative solutions that combine functionality with strong aesthetic impact. Whereas there was a time when Romanians chose certain decorative profiles but preferred to handle the installation themselves, now many opt for professional installation, not only for a simpler process but also for a flawless final result.

“Decoration is no longer a whim but an essential part of the architectural concept. Customers know exactly what they want for their home: lasting beauty, adaptable solutions, and professional installation. We see more and more residential and commercial projects that include decorative elements from the early design stages. The message is clear: the market is evolving, and the focus is shifting towards well-thought-out solutions with long-term aesthetic and functional value. We can thus speak of a shift from visual aesthetics to one with meaning, which now relates to mood and people’s well-being,” states Dan Panciu, CEO of Fabrica de Profile.

Home aesthetics are shifting from visual to tactile, functional, and customized

An often overlooked aspect is the role of texture and adaptability in the purchasing decision. While color used to be the key factor, now the differentiator comes from the product’s ability to be personalized. From bifacial doors (with two different faces) to 3D decorative panels, fluid walls, or paintable moldings, the emphasis is on the client’s freedom of expression. Additionally, interest in atypical finishes has increased, indicating closer collaboration with designers and a move toward premium solutions—not only in terms of price but also as a gesture of personal identity.

“If in Q1 2024 the minimalist style clearly dominated preferences, in Q1 2025 we observe a slight decline. Interior design has become an increasingly present topic on social media, influencing consumer tastes. Currently, more elaborate, personalized styles with strong visual accents are promoted—clients are looking for products that bring character and uniqueness to the space, not just simplicity,” explains Francesco Curcio, CEO of Pinum.

Companies have responded to these market trends with innovative products, easy to adapt to any space and any requirement. This was the reason why Pinum introduced a new collection of exterior doors with a pivot system, specially designed for clients seeking performance, design, and exclusivity. In the short and medium term, Pinum believes that the highest-performing products will be doors equipped with modern hardware—hidden hinges, magnetic locks, and other premium closing systems—features that have become essential in defining a quality product.

Fabrica de Profile has also introduced new products that bring versatility and character to the space. “Compared to 2024, the year 2025 brings to the forefront fluid, organic shapes—a trend that is starting to gain ground especially in contemporary projects. However, these directions do not exclude each other: classic models remain relevant, being successfully integrated into elegant or traditionally influenced interiors. This very diversity motivates us to develop complementary collections capable of responding to each client’s needs and desires,” states FDP’s analysis.

It also shows that 3D panels are rapidly gaining ground due to their versatility and the spectacular visual effect they offer in a space, being solutions that completely transform a room and provide creative freedom of expression—this is why more and more clients are including them in their interior design projects.

“Cheap and good” – officially outdated. Romanians are seeking long-term value

The common message from the real estate market is clear: Romanian customers no longer accept superficial solutions. The massive sales of polyurethane profiles and doors with concealed hardware are not accidental but the result of a mature decision-making process. This is also reflected in how budgets are perceived: customers no longer see the door, baseboard, or corner molding just as functional objects, but as investments in the aesthetic value of the space—and implicitly, in the investment value of the home.

According to Pinum, budgets allocated for finishes have increased in Q1 2025 compared to the same period last year, and this evolution is supported by a change in product perception—the door is no longer viewed merely as a functional element but as an integral part of the space’s design. Romanians are more willing to invest in superior quality products, aware that these decisively contribute to the overall look and value of the home.

“Romanians no longer ask ‘how much does it cost?’ but ‘why does it cost that much?’ and this is the first sign of maturity, of relating to living space—not just visually, but functionally. The market has evolved, and the door is no longer a simple closure or a design piece; it becomes an integral part of a space that emphasizes comfort, sustainability, and durability,” declares Francesco Curcio, CEO of Pinum.

“Invisible” infrastructure – from overlooked detail to key element in the purchasing decision

An essential addition to the modern home landscape comes from Ambito: electrical networks and installation security are becoming selection criteria, not just “technical details.” Customers are starting to bring specialists who verify whether the design complies with standards, and the term “technical security” is entering the decision-making vocabulary.

Trends in this field are subtle but decisive: the integration of LED lighting, the use of eco-friendly materials, changes in the operating criteria for networks through legislative updates aimed at increased safety in use.

Thus, we can speak of a paradigm shift from price to trust in the “hidden” quality of a home. This is also identified by Fabrica de Profile, which notes a growing demand for decorative thermal insulation systems—elements that not only provide aesthetic value to the home but also increase energy efficiency, thereby enhancing both comfort and the property’s value.

According to Ambito, regarding the electrical network, the basic criteria have not changed significantly; operational functionality and design remain key, but a third criterion has emerged in recent years: technical security. “There are increasingly more clients who hire consultants to verify, prior to purchase, the compliance of the design and construction with legislation and technical standards, as well as the quality of execution. The home purchase budget is correlated with the construction budget, and clients know exactly what they will receive. Differences between projects arise from design, complexity, and security elements in network operation,” Ambito’s analysis states.

Hassoun Ghassan builds residential towers in Pantelimon

Antrepozite Frigorifice PGA has obtained the urban planning certificate for the demolition of existing buildings on a plot of land on Fântânica Street no. 36. The document shows that the plans for this land provide for the construction of a residential complex, with high-rise blocks of 14, 15 and 16 floors. The investment is expected to be carried out in stages.

The company Antrepozite Frigorifice PGA is 100% owned by Hassoun Ghassan, a Romanian citizen of Syrian origin.

In the past, the Persepolis Development company, owned by Manochehr Saadati-Sohi and Hassoun Ghassan, merged several industrial properties in the Pantelimon neighborhood to develop a residential complex consisting of nine blocks.

Source: economica.net

Radisson Hotel Group expands with four hotels in Romania

Radisson Hotel Group continues its expansion in Romania with a series of new developments.

One of the notable additions is the recent signing of the Radisson RED Bucharest Old Town. This innovative project involves the transformation of an office building from the 1940s, which historically served as offices for the Institute of Hydroelectric Studies. The building will be completely renovated and reused to offer 104 guest rooms in the historic area of the Old Town.

Further enriching the diversified offer in the region, Radisson Hotel Group presents the Radisson Blu Grand Mountain Resort, Brasov, scheduled to open in early 2027. The resort will offer a wide range of outdoor activities, such as hiking, skiing and mountain biking.

In addition, Radisson Blu Resort & Residences, Mamaia, will open in 2028. Located on the Black Sea coast, this project will have 234 hotel rooms and 102 residences.
Radisson Lagoon Hotel Bucharest will be located in Bucharest’s central district, Lagoon City. This luxury urban resort-style hotel will have 323 rooms, a spa, a 1,100 sqm sandy beach and access to a 10,000 sqm lagoon.

Hagag Development Europe to upgrade the façade design for H East Residence

Real estate investor-developer Hagag Development Europe has received a new building permit allowing the company to upgrade the façade design and optimize interior partitions for H East Residence. Construction works on the four residential buildings in phase I will resume in the following days, with an estimated completion timeline of about 18 months. To date, 50% of the units available for sale are pre-contracted, respectively reserved.

Phase I will be completed following an investment of EUR 43 million and will deliver four mid-rise buildings with six- and eleven-storey, comprising a total number of 273 apartments served by 400 underground and above-ground parking spaces, 2,000 square meters of commercial space, charging points for electric vehicles, a playground and over 2,000 square meters of green areas.

“We are pleased to announce that Hagag Development Europe has received the green light to implement all corrections, improvements, and upgrades related to the project’s initial design theme, as proposed and submitted by our team when taking over the compound last year. We are resuming the site in a very favourable context for our company, as over 50% of the units available for sale are now pre-contracted, respectively reserved, while our team is dealing with an increasing demand volume.

This is an outstanding progress that encourages us to build our sales strategy on a positive forecast. We expect to keep this brisk pace of sales in the upcoming months as well, and deliver a sold-out phase I by the time of completion,” said Andreea Dumitru, Chief Marketing Officer at Hagag Development Europe.

Cometex opens 15th retail park in national network with Launch in Tulcea

Cometex has officially opened its 15th retail park in Romania, expanding its national network with a new project in Tulcea, located at 51 Şoseaua Barajului. Representing an investment of over EUR 6 million, the development marks Cometex’s first venture in Tulcea County.

The new retail park features a range of well-known brands, including Altex, Pepco, ZooCenter, and Sinsay. Designed to be spacious, modern, and sustainable, the facility offers visitors a wide selection of products and services, from electronics and fashion to home décor and pet supplies.

Spanning more than 4,000 sqm, Tulcea Retail Park benefits from a strategic location with dual access points from Isaccei Street and Şoseaua Barajului. In line with Cometex’s focus on sustainability, the project includes photovoltaic panels for renewable energy generation and fast-charging stations for electric vehicles.

South Africa’s Hyprop makes bold move to enter Romanian real estate market

In a surprising turn, South African shopping center developer Hyprop has launched an aggressive bid to break into the Romanian real estate market, setting the stage for a potential battle over MAS, a company behind some of Romania’s key malls and retail parks developed alongside Prime Kapital.

The announcement comes just days after Prime Kapital Investments (PKI) revealed its own ambition to take full control of MAS. PKI’s offer, priced at €0.85 per share with a fixed budget cap or non-voting preference shares redeemable after five years, now faces unexpected competition.

Hyprop is countering with a bid tied to the market price of MAS shares as of May 23, 2025 — a valuation it claims beats PKI’s offer and gives shareholders a more compelling exit. MAS had initially presented PKI’s offer to investors as the main path forward earlier in May.

The stakes are high, and the market is watching closely. Questions now swirl over whether Hyprop can secure the funding it needs to drive its expansion into Romania — and whether MAS shareholders will resist PKI’s bid and side with the newcomer.

With Romania’s retail property sector heating up, this surprise move from Hyprop injects a fresh wave of adrenaline into an already competitive market.

Source: economica.net

Colliers: Commercial real estate investments returned to growth in CEE in Q1 2025

The first quarter of 2025 ended with real estate investments totaling EUR 175 million in Romania, slightly down by 8% compared to the same period last year but with strong momentum last year’s quarter recording 2.5 times the volume seen in Q4 2024 . According to the Colliers report ”CEE Investment Scene Q1 2025”, total investment volumes more than doubled, supported by a strong rebound in markets like the Czech Republic, Slovakia, and Bulgaria. Colliers experts highlight that there is a significant pipeline of transactions currently in Romania that could push the full-year volume slightly above 2024 levels.

“While most CEE-6 countries, including the Czech Republic (+297%), Slovakia (+344%) and Bulgaria (+273%), saw a significant recovery in investments, Romania recorded similar YoY levels but a strong growth on a quarter-to-quarter basis. This comes at a time when investors are returning to CEE markets, attracted by competitive costs, economic potential, and strong prospects in industrial-logistics, hotel, and office sectors. In Romania, however, fiscal and political uncertainties, high financing costs, and a mismatch between sellers’ and buyers’ price expectations have an effect on market dynamics”, explains Robert Miklo, Head of Capital Markets at Colliers.

Romania remains a point of interest for investors due to its strategic regional position, available workforce, and development potential, particularly in the industrial sector. According to Colliers, the local market could return to an upward trend in the second half of the year, provided that several major ongoing transactions are finalized and price expectations align with market demand and supply. Romania continues to be one of the largest economies in the region, contributing over 18% to the combined GDP of the six countries analyzed. Under these conditions, if the large transactions currently underway are completed, the total investment volume could exceed EUR 800 million for the entire year.

Among the most notable deals in Q1 were the market-entry and flagship acquisition of Victoria Center by Solida Capital and the sale of a retail property portfolio by MAS REI to UK-based fund M Core, and the sale of Shopping City Suceava by Argo Capital, with the same buyer.

“Both retail transactions, similar in size, generated over EUR 100 million in turnover, meaning the retail sector accounted for roughly two-thirds of Q1 investment volume, which reinforces the strong comeback of the this segment starting with 2021”, adds Simina Niculiță, Partner and Head of Retail Agency at Colliers.
“The slight drop in year-on-year investment activity in Q1 in Romania does not reflect a lack of interest from investors but rather a timing and supply and demand reality. Attractive assets are still available, but sellers’ value perception do not easily align with buyers’ return evaluations especially in a strictfinancing context. Nevertheless, Q2 already started strong with landmark office transactions and the pipeline of ongoing deals is strong therefore we expect a robust performance for the investment market by end of the year”, notes Robert Miklo.

Colliers experts remain optimistic about the year’s outlook in Romania’s real estate investment market. Foreign capital inflows into segments such as logistics, hospitality, and mixed-use could drive the performance, but this may depend on realistic pricing adjustments and a sustainable decrease in financing costs. Moreover, political clarity and predictability, now that the presidential elections have concluded, could further strengthen investor confidence.

“Romania has significant strengths: a competitive workforce, strategic geographic position, an attractive stock of assets, and consistent demand in certain sectors. However, to resume a steady pace of transactions, we need both a predictable fiscal and political environment and favorable external conditions”, adds Simina Niculiță, Partner | Head of Retail Agency at Colliers.

CTP extends partnership with eCommerce provider HelpShip to 20,000 sqm in Oradea

CTP has expanded its partnership in Romania with HelpShip, a leading e-fulfillment and logistics solutions provider within the euShipments.com group. HelpShip is growing its operations to 20,000 sqm at CTPark Oradea Cargo Terminal—Romania’s pioneering industrial park featuring an air cargo terminal. The expanded facility will serve as the company’s main fulfilment centre.

In May, the first cargo aircraft landed at Oradea Airport, marking the start of air cargo operations and representing a significant step toward expanding the airport’s activities.

With HelpShip’s expansion, CTPark Oradea Cargo Terminal is now fully leased; however, land remains available for future development.

“HelpShip’s growth from 5,000 sqm to 20,000 sqm at CTPark Oradea Cargo Terminal exemplifies how we support our clients as they scale. CTP is a long-term partner with the flexibility and resources to accommodate growth—both through existing space and new developments. Although the current 65,000 sqm of space at CTPark Oradea Cargo Terminal is fully leased, we have the land available to more than double the park’s footprint to meet future demand,” explains Ștefan Ciocan, Business Developer at CTP in Romania.

Stay Fit Gym brings their fitness brand to the Sheraton hotel

Stay Fit Gym announces the expansion of its portfolio of locations through a strategic partnership with Sheraton Bucharest Hotel, a five-star hotel, part of the Marriott International group.

“The new location will be a reference point on the map of our centers, both through its ultra-modern facilities and its privileged positioning. We strongly believe that health and well-being should be accessible at any time of the day, whether you are in town for business, on vacation or living nearby. In addition, this project reinforces our strategic direction of developing locations in partnership with top players in the hospitality industry, thus offering added value to the customers of both brands,” says Marius Preodișteanu, Stay Fit Gym co-founder and Head of Expansion

The new Stay Fit Gym Sheraton fitness center will benefit from state-of-the-art facilities, on an area of approximately 1,500 square meters. The investment in this location amounts to over RON 5 million.

IKEA to open store in Cluj-Napoca

IKEA Romania will open a store in Cluj-Napoca, within the RIVUS complex, developed on the old Carbochim platform. Locally, IKEA currently has three stores – two in Bucharest and one in Timisoara.

“We will continue our expansion by developing new formats, in order to remain accessible, convenient and sustainable – both now and in the long term. We are interested in the Iași and Cluj areas,” says Vincent Devloo, Area Retail Manager IKEA SEE .

In Romania, each of the three IKEA stores has its own warehouse, within the store premises. IKEA Romania ended 2024 with a turnover of over EUR 274.2 million, 33% of this amount being generated by online sales.

Source: Profit.ro

LATEST NEWS