Real Estate
One United Properties Buys Eliade Tower Office Building for EUR9.5M
Real estate developer One United Properties has completed the acquisition of a new office building, Eliade Tower, previously owned by Eurobank, for EUR9.5 million.
Ghinea Family Set to Develop Mixed-Use Real Estate Project in Arad
Ghinea family, which owns Arsat Group, with operations in industry and agriculture, is developing the mixed-use real estate project Dragalina 25/27, set to include two office buildings, an e...
Paval Holding Close to Buying into U Center Office Space Complex in Bucharest
Paval Holding, the Paval brothers' company that also owns Dedeman, is close to buying the first phase of the U Center office space development in the Tineretului area in Bucharest from Forte...
CBRE: Modern Industrial Space Stock In Romania Reaches 5.9 Million Sqm In 1H/2022
With almost 0.5 million square meters under construction and 44% of the surface area under construction already pre-leased, the modern industrial space stock in Romania stood at 5.9 million...
One United Properties Co-Founders Buy RON37.6M Worth Of Company Shares
Victor Capitanu and Liviu Diaconescu, co-founders of real estate developer One United Properties (ONE.RO), on Monday (Oct 3) purchased 17.9 million ONE shares each at a price of RON1.048 per...
Old Three-Room Apartment Prices Down Again in Bucharest in September
The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus Ju...
Bucharest Properties REIT Set To Fully Lease Phase 3 Of Vitan Estates Residential Project
US-held company Bucharest Properties REIT plans to fully lease Phase 3 of the Vitan Estates residential project, which is Bucharest’s first residential development exclusively for rental, ba...
Iulius Town In Timisoara Grows to 80,000 Sqm of Office Space
Iulius Group, the real estate developer controlled by Iulian Dascalu, has completed United Business Center 0, the fourth office building in the Iulius Town complex, a project built in Timiso...
A Third Of Romanians Expect Home Prices To Plunge Until Spring 2023
39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease, 9% forecast a stagnation, only 8% expect a slight increa...