05.02.2026
What were the main business results for 2025?
2025 marked our entry into the logistics sector in Romania, with the inauguration of our first logistics project. It was a step we approached carefully, by building the right team, understanding the market in depth, and working alongside strong international partners. For us, this was about proving that we can execute logistics developments of a high standard in a very competitive environment.
At the same time, our office portfolio remained strong. Keeping Oregon Park fully occupied in a volatile market shaped by hybrid work and changing corporate strategies was a real achievement. We managed this by staying close to tenants, understanding how their businesses evolved, and responding quickly when their needs changed.
What are your company’s business targets and plans for 2026?
2026 is about execution. Delivering the first phase of our logistics project will be a key milestone and an important validation of our strategy. It’s where planning turns into an operating asset, supported by a strong team, trusted partners, and a clear view of market demand.
At the same time, we are preparing the next stages of development, aligned with tenant interest and the progress of local infrastructure. We see logistics as a long-term platform, built step by step, not as a one-off investment.
On the office side, work models will continue to evolve, but well-managed buildings adapt. Our focus remains on maintaining quality, relevance, and strong relationships with tenants.
What economic pressures (e.g., inflation, interest rates, work force issues) or regulatory and fiscal changes do you anticipate impacting the market in 2026, and how is your company preparing for them?
Markets don’t move in straight lines, and 2026 will be no exception. We are already operating in an environment shaped by volatility, from financing costs and inflation to ongoing discussions around taxation. None of these are new for real estate. What changes from one cycle to another is how prepared you are to absorb them.
Our focus is on fundamentals that hold up over time: good locations, projects that make operational sense, and a level of flexibility that allows assets to adapt when conditions shift. We work with long-term financing partners and avoid building for a single scenario. At the same time, staying close to tenants matters more than ever. When you understand how their businesses operate, you can anticipate pressure points early and adjust before they turn into real problems.
What do you see as the main risks and the most attractive opportunities for the Romanian real estate market in 2026?
Romania remains an attractive destination for long-term investment. Demand is there. What matters is predictability, regulation, fiscal policy, and consistent decision-making. When predictability slips, projects don’t disappear, they get delayed. And that slows the market for no real reason.
On the opportunity side, infrastructure remains a powerful catalyst. The delivery of new highway segments that connect regions more efficiently will unlock significant potential, especially for logistics. As connectivity improves, entirely new locations become viable for modern industrial developments, reshaping supply chains and supporting regional growth. In this context, logistics stands out as one of the most dynamic segments, while well-located, high-quality office assets continue to attract companies that are rethinking how and where they operate.
Which players or strategies are going to be winners in 2026?
I think that the winners will be those who stay disciplined and adaptable. Companies that truly understand their tenants, invest in quality, and think long-term will consistently outperform those focused on short-term gains. In the next cycle, flexibility, sustainability, and solid execution will matter more than scale alone.
Equally important is who you build alongside. Having the right teams and partners around you, from long-term financing partners, such as international institutions, to experienced advisors and technical experts, makes a real difference when markets are volatile. Strong partnerships bring not only capital, but also discipline, perspective, and better decision-making.
In an environment shaped by constant change, the ability to listen carefully, move at the right pace, and deliver consistently is what sets successful players apart. That is the approach we follow, and it’s the one we believe will continue to create value in 2026 and beyond.
