CTP N.V. recorded Gross Rental Income of €664.1 million in the year, up 16.1% y-o-y, and like-for-like y-o-y rental growth of 4.0%, mainly driven by indexation and reversion on renegotiations and expiring leases. As at 31 December 2024, the annualised rental income came to €742.6 million and occupancy came to 93%.
Netherlands-based CCP Cooperatief has made its first investment in Romania through a phased acquisition of a logistics complex in Ștefăneștii de Jos, near Bucharest, in a deal worth around €7.5 million.
Romania’s real estate sector has demonstrated resilience in 2024, with notable growth in the investment and industrial segments, despite macroeconomic challenges and political uncertainties, according to the latest Romanian Real Estate Market Overview 2024 by Avison Young.
Global Vision, a leading real estate company in Central and Eastern Europe, announces the appointment of Antoanela Comșa as Deputy CEO. In her new role, Antoanela Comșa will play a key role in defining and implementing the group’s strategic directions, overseeing major projects, and accelerating the development of the recently launched investment and development platform, which focuses on the residential, retail, and industrial sectors.
Important real estate leaders will take part, on February 28, 2025, in the 20th edition of the "Real Estate & Construction Forum". Organized by BusinessMark at the JW Marriott Bucharest Grand Hotel, the event will bring together some of the most important players in the industry, who will debate the current situation and prospects of the real estate market for 2025, within four panels focusing on the sectors: retail, industrial & logistics, office, residential.
VGP NV, a European provider of high-quality logistics and semi-industrial spaces, achieved a net profit of 287 million euros in 2024, marking an increase of 229% compared to 2023. The company's net asset value increased by 8.4%, reaching 2.4 billion euros, reflecting its strong financial stability and long-term growth strategy.
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling €1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. Their market share accounted for approximately 39% of the total transaction volume of €4.5 billion during the analyzed period.
ELI Parks has signed a new lease agreement with FAN Courier, Romania’s leading courier service provider, for a 4,800 sqm space, a transaction brokered by Dunwell.
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