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Small and medium-sized cities offer significant expansion opportunities on the Romanian retail market, as only ~20% of the country’s modern retail stock is located in cities with fewer than 100,000 inhabitants, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company.
Romania’s industrial and logistics market continues to expand, with the modern stock reaching 8.17 million square meters at the end of third quarter of 2026, following the delivery of almost 340,000 square meters in the first nine months of the year, according to the Romania Industrial Marketbeat Q3 2026 report by Cushman & Wakefield Echinox.
The stock of flexible office space in Bucharest has reached approximately 73,500 sq. m, more than six and a half times the 11,100 sq. m recorded in 2015, according to the Bucharest Flex Office Overview 2026 report by Cushman & Wakefield Echinox.
More than 636,000 homes were completed in Romania between 2016 and 2025, equivalent to almost 33 new homes per 1,000 inhabitants, according to an analysis by Cushman & Wakefield Echinox based on housing completion data compiled for the 2016-2025 period.
The foreign direct investment (FDI) stock in the real estate transactions sector reached approximately €22.1 billion at the end of 2025, the equivalent of 16.4% in of Romania’s total FDI stock, according to data from the National Bank of Romania analyzed by Cushman & Wakefield Echinox.
Bucharest, Cluj-Napoca, Iasi and Timisoara have more than 361,000 students combined, corresponding to a 62% share at national level, while the public and private student accommodation stock across these four university centers totals approximately 80,000 beds. This translates into an average of one student accommodation bed for every 4.5 students, according to data compiled by Cushman & Wakefield Echinox.
Hotels in capital city Bucharest saw an increase of 5% in revenue per available room (RevPAR) year-over-year in the first half of 2026 and of 25.2% above the pre-pandemic level, respectively, as per data from real estate consulting firm Cushman & Wakefield.
Romanians spent more than €42 billion in major retail chains in 2025, a total 5.6% higher than in 2024 and 77% above the 2019 level, according to the Romania Retail Snapshot 2026 published by the Cushman & Wakefield Echinox real estate consultancy company. The study was based on the financial results of 125 companies operating across 13 retail segments.
Bucharest’s office market continues to strengthen its fundamentals, supported by a recovery in occupier demand driven by new lease transactions and expansions, against a backdrop of limited new supply, up from 53% during the same period of 2025, reveals Marketbeat Office Q2 2026 report published by Cushman & Wakefield Echinox.
Romania’s industrial and logistics market maintained its positive momentum in the first half of 2026, supported by a visible acceleration in leasing activity during the second quarter, despite a challenging macroeconomic environment marked by economic contraction, persistent inflation and pressure on consumer spending, according to the Romania Marketbeat Industrial Q2 2026 report published by Cushman & Wakefield Echinox.
Romania real estate investment market after the first seven months of 2026 overshot the level recorded throughout the whole of 2025 following the completion of AFI Europe’s acquisition of a portfolio of six retail parks from MAS Real Estate and several smaller transactions, reveals a report drawn up by real estate consultancy Cushman & Wakefield Echinox.
Romania’s logistics and industrial market remains one of the most competitive in Europe in terms of occupancy costs. With an average prime industrial rent of €4.8/ sq. m/ month, Bucharest ranks as the fourth most affordable market among the European locations analyzed, at a time when companies worldwide are restructuring their supply chains in response to geopolitical uncertainty and rising operating costs, reveals “Waypoint: Global Industrial Dynamics 2026”, a global report by Cushman & Wakefield that examines trends across 135 industrial and logistics markets worldwide.
Romanians spent approximately EUR 63 million in cinemas last year, a record level for the local market, reflecting an almost 7% increase compared with 2024, while the number of admissions remained relatively stable at 11.2 million, according to data from the Romanian Film Center analyzed by Cushman & Wakefield Echinox.
Romania retail market went through a contrasting first quarter in 2026, according to the Romanian Retail Marketbeat Q1 2026 report published by Cushman & Wakefield Echinox.
Romania industrial and logistics market overshot the 8 million-sqm threshold at the end of the first quarter of 2026 as developers delivered around 115,000 square meters of new spaces and another around 500,000 square meters are under construction, reveals the Romania Marketbeat Industrial Q1 2026 report drawn up by real estate consultancy Cushman & Wakefield Echinox.
The Bucharest hotel market had the best performance in Central and Eastern Europe (CEE-6) in 2025, with a 12% annual increase in the average revenue per available room (RevPAR), compared to 9.1% in Warsaw and 8.3% in Prague, per an analysis by real estate consulting firm Cushman & Wakefield.
The average total office fit-out costs in Bucharest slightly increased in 2025 to €1,077/ sq. m, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026.
The office development activity in Bucharest accelerated over the past year, with the volume of projects currently under construction exceeding 200,000 sq. m of gross leasable area, the highest level since 2021. At least eight new office buildings are expected to be delivered by the end of 2028, according to the Bucharest Office Marketbeat Q4 2025, published by the Cushman & Wakefield Echinox real estate consultancy company.
The office operational costs in Bucharest have increased by approximately 17% over 2025, according to an analysis of the Cushman & Wakefield Echinox real estate consultancy company. The upward trend was driven by a combination of macroeconomic and operational factors, including high inflation, increased personnel costs, and changes in fiscal policy.
The leading tenants of modern offices in Romania totally spend over EUR260 million annually for the spaces they operate in, namely below 1% of total turnover these companies registered in 2024, reveals an analysis of real estate consultancy Cushman & Wakefield Echinox.
