Real Estate
Radisson Blu Aurum Hotel In Brasov Estimates EUR6.5M Turnover For 2023
The Radisson Blu Aurum Brasov hotel, inaugurated in October, targets a turnover of EUR6.5 million in 2023 and a minimum average occupancy rate of 65%.
CTP Set To Expand Industrial Park In Southern Bucharest
CTP, the largest logistics and industrial space developer in Continental Europe, has announced the expansion of CTPark Bucharest South with the construction of a new warehouse set to almost...
Paval Holding Hires CA Immo Romania Managing Director to Run Its New Office Division
Paval Holding Properties, the real estate investment vehicle of the Paval family (owners of DIY retailer Dedeman, among others) has hired Marian Roman, who had previously led the CA Immo tea...
C&W Echinox: Bucharest Ranks 37th Among World’s 92 Most Expensive Shopping Streets
Romania’s capital city Bucharest places 37th in a ranking of the world’s most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, having an aver...
Colliers: Residential Sector Likely To See Record Deliveries In 2022
The strong increase in authorized areas in the third quarter of 2022 canceled the decrease in the first part of the year, therefore, after the first nine months there are only 1% fewer autho...
Paval Holding Buys CA Immo’s Office Space Portfolio in Romania in EUR377M Deal
Paval Holding (owner of DIY retailer Dedeman) has signed the agreement to buy CA Immo’s office space portfolio in Romania, marking a record for a Romanian investor.
Real Estate Developer Impact Sets Up Its Own Architecture and Design Firm
Impact Developer & Contractor (IMP.RO), the first real estate company listed on the Bucharest Stock Exchange, announced establishment of its own architecture and design firm – Impact Allianc...
Developer Artemis Working on Fourth Building in Industrial Park Near Timisoara
Swiss-held real estate developer Artemis, which owns a number of logistics properties in Romania, has started work on its fourth building in the Sanandrei Industrial Park near Timisoara.
Hercesa To Invest EUR52M In Bucharest Residential Complex
Real estate developer Hercesa on Thursday said it will invest EUR52 million in a new real estate project in capital Bucharest’s Ghencea area.