HOUSING
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Redport Capital Buys over 1-Ha Land Plot in Petrom City Area from HAVI Logistics
Redport Capital, a major Romanian real estate developer active in Bucharest’s north, has acquired 10,800 square meters of land and 4,700 square meters of warehouses in a EUR3.2 million deal...
Housing Deals Up 30% in Bucharest and Ilfov in November, 1% Nationwide
Bucharest continued to see rising housing demand in November as well with 6,435 units being traded in the capital city and Ilfov, up 30% from the 4,946 of November 2021, in line with data fr...
SVN Romania: Affordability of Buying a New Home in Bucharest Slightly Down in Past Year
The affordability of buying a new home in Bucharest, calculated by real estate company SVN Romania, inched down by 1.5% in the past year, with 103.8 average salaries (8.6 years) being needed...
STC Partners Gets Construction Permit for Bucharest’s Housing Compound Quartier Azuga
Real estate developer STC Partners in September 2022 got the construction permit for both phases of housing compound Quartier Azuga, located in Doamna Ghica area of Bucharest, and will start...
Deloitte: Romania Ranks Second Among European Countries With Cheapest Housing
Romania ranks second in the top of the European countries with the cheapest housing, after Bosnia and Herzegovina, with an average price of EUR1,266/sqm, calculated based on data from the ma...
Colliers: Housing Market Heads Toward Record High Deliveries in 2022, Too
Romania’s housing market is heading toward a new record in terms of deliveries in 2022 as well, in a context dominated by rising prices of building materials and implicitly of apartments, as...
Plant and Warehouse Owners Build Blocks of Flats for Employees to Retain Workforce
Makita EU, a Japanese electrical tools producer, P3 Logistic Parks (P3), a logistics investor, and Bacau-based window maker Barrier have already built hundreds of housing units for employees...
ICD Real Estate Development Buys 17,000 Sqms of IMGB Platform for Housing Project
ICD Real Estate Development, a developer controlled by Nicusor Popescu and Daniel Chitafes, bought 17,000 square meters from IMGB platform to the end of developing a housing project.
Iulius Group Set to Develop Housing Project near Romexpo
Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United he...