Real Estate
Novum Invest Expands Olimp Luxury Housing Compound
Real estate developer Novum Invest, with several projects in its portfolio, is expanding the seaside luxury housing compound Novum Grand Resort.
Survey: Flexibility Deemed Highly Important For 97% Of Romanian Employees
72% of Romanian employees say they already have flexible jobs and 97% consider flexibility to be one of the most important aspects, as per the latest survey by Mindspace, the global flexible...
HELLA To Open Engineering Design & Development Center In Palas Campus Office Project
Automotive component manufacturer Hella Romania, the local unit of German-held company Hella, is set to open an engineering design and development center in the Palas Campus office project i...
Colliers: Rents For Future Office Projects Partly Reflect Higher Construction Costs
Beyond the increasing of uncertainty, the conflict in Ukraine did not have visible effects on the local office market, but its aftermath – particularly the higher inflation and the rising co...
Meta Estate Trust Announces Investments In Sopra Estate Holding Projects On Romanian Seaside
The Meta Estate Trust (MET.RO) holding, which operates in the real estate industry, has acquired several residential units within projects carried out on the Romanian seaside by developer So...
JLL: Limited Access To Lending, Young Generations’ Preference For More Flexibility Sparks Demand Growth On Rental Market
The limited access to lending, combined with young generations’ preference for more flexibility, stimulate the rental market and create the necessary framework for the emergence of the built...
Statistical Data: 20,223 Housing Units Put Into Use In Romania YoY In Q3/2022
A total 20,223 housing units were put into use in Romania in the third quarter of 2022, 1,957 more than in the same period of 2021, data from the country’s statistics board INS showed on Fri...
Iulius Group Opens Second Family Market Retail Project In Iasi
IULIUS Group has opened the second Family Market project, in the Bucium neighborhood in the city of Iasi.
Accor To Open New Mecure Hotel In Bacau
Accor hotel group is expanding its portfolio by signing a new franchise contract for a hotel which will operate under the Mercure brand in Bacau.