CTP has signed a major expansion deal with Leroy Merlin Romania for a 48,500 sqm distribution centre at CTPark Bucharest West. The custom-built facility is currently under construction and is expected to be delivered by February 2027. This partnership strengthens the park’s position as Europe’s premier industrial hub while supporting the retailer’s growing logistics and supply chain requirements across the Central and Eastern European region.
North Bucharest Investments has launched a new digital ecosystem comprising the NorthBucharest.ro website and a dedicated mobile application. The platform features more than 1,400 properties across 100 residential developments. By integrating artificial intelligence and a swipe-based interface, the firm aims to modernise the property search process in the Romanian capital. The tools focus heavily on move-in-ready homes in prime locations such as Pipera and Herăstrău.
GARBE Industrial and Fortress Real Estate Investments have launched a joint venture to build a 61,000 square metre logistics centre in Bucharest. The project, GARBE Park Bucharest, marks the German developer's first entry into the Romanian market. Located on an 11-hectare plot near the new A0 ring road, the facility is designed for high-tech, automated operations with a 12-metre clear height. Construction is scheduled for late summer 2026, targeting a 2027 opening.
DRI has confirmed the completion of its 126 MWp Văcărești solar park in Romania, marking its fourth major renewable energy project in the country. This latest development pushes the company’s total operational capacity in Romania to nearly 300 MWp within just three years. The facility is expected to generate enough clean electricity to power roughly 50,000 homes while cutting carbon emissions by more than 48,000 tonnes annually.
North Bucharest Investments has announced the beginning of construction for "The Edition 1011 Featured by Versace Ceramics," Romania's inaugural residential project under the official Versace Ceramics license. The development is situated on Fabrica de Glucoză Road in Bucharest, an emerging area for luxury properties. This launch signals a major step in the evolution of the city's premium real estate market, with the developer stating the concept is designed to transform everyday living into a direct expression of personal identity.
Romania has announced the Dracula Land project concept, a private investment exceeding €1 billion aimed at creating the largest entertainment, retail, and technology destination in Europe. The 160-hectare site, located near Bucharest and Otopeni Airport, is a collaboration between Romanian investors Dragoş Dobrescu and George Toader and international partners.
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