Real Estate
C&W Echinox: Romania’s Logistics And Industrial Market Close To New Record High In 2022
Romania’s logistics and industrial market is close to touching a new record high in 2022 in terms of demand, which is reflected in the average vacancy rate that stood at 4.3% at the end of t...
It’s Official: Paval Holding Signed Deal to Buy U Center Office Building from Forte Partners
Paval Holding, the Paval brothers' company that also owns DIY retailer Dedeman, has bought the first phase of the U Center office building in the Tineretului area in Bucharest from Forte Par...
Nusco Returns to Housing Market with EUR100M Investment
Nusco Imobiliara, a real estate developer controlled by Nusco family, in 2020 launched a new real estate project in Bucharest’s Pipera area that started with two housing phases. It is now em...
Alpha Bank Romania Relocates Part of Operations to City Gate Office Building
Alpha Bank Romania, part of the Greek Alpha Bank Group, will relocate part of its operations to the City Gate North Tower from January 2023, where it will occupy 5000 square meters, i.e. mor...
One United Properties Gets Construction Permit for Housing Compound One High District
Real estate developer One United Properties has obtained the building permit for One High District, a housing compound set to be built on an around 25,000-sqm land plot, of which more than 3...
Urban Invest Earmarks EUR25M for First AC Marriott Hotel In Romania
Urban Invest, the developer of the Urban Plaza mixed-use project in Brasov, will invest EUR25 million in building the first hotel to operate under the AC Marriott brand in Romania.
Developer Hagag Ventures into New Niche of Office Space Market
Real estate developer Hagag Development Europe is expanding its presence in the Bucharest office space market, in the niche of small spaces.
868,000 Sqm of Industrial and Logistics Space Leased in Romania in Jan-Sep
A total of 868,000 square meters of industrial and logistics space were leased in Romania in the first nine months of the year, almost double as many as in the year-ago period and already mo...
Real Estate and Construction Sector Attracts EUR12B in FDI in 2012-2021
The real estate and construction sector has attracted around EUR12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the over...