Cushman & Wakefield Echinox: Former industrial sites drive major real estate developments in Romania

Romania’s largest ongoing real estate projects are being built on former industrial platforms, with Bucharest leading the way in urban regeneration and other major cities across the country following suit, according to a new report by Cushman & Wakefield Echinox. The capital remains the most active hub for industrial site conversions due to the scale of its real estate market and the high number of available plots.

Major land transactions in Bucharest in recent years include the acquisition of sites such as Rocar (roughly 21 hectares), Roca Preciziei (12 hectares), Helitube in Colentina (8.9 hectares), Muntenia near Parcul Carol (5.7 hectares), Antrefrig (5.7 hectares), Titan Mar on Șoseaua Progresul (4.5 hectares), and Atlas in Pipera (2.9 hectares). Most were purchased for large-scale mixed-use projects combining office, retail, and residential components.