Real Estate
Park Partners Sells Over 60% Of First Building Of SunLake Residence Complex
Real estate developer Park Partners, part of Park Properties Group, has sold over 60% of the apartments of the first building of the SunLake residential complex located on the shores of Lake...
GTC Sells Cascade Office Building In Bucharest For EUR10M
Real estate developer Globe Trade Center (GTC) has sold its A-class Cascade Office Building in Bucharest to the Hungarian Crown Holding Kft., making a net profit of EUR1.6 million (+20%) on...
CPI Property Group To Provide Asset Management Services To IMMOFINANZ
CPI Property Group (CPIPG) will provide asset management services to IMMOFINANZ companies on the basis of a services agreement signed by the two parties.
CC Trust Group Buys Shares In One United Properties For RON17M
CC Trust Group, a family business founded and held by Swiss entrepreneur Claudio Cisullo, bought 3,485,915 shares in real estate developer One United Properties (ONE.RO) on July 22 within th...
Certion To Invest EUR1.5M In Campus For Staff In Neptun Seaside Resort
Romanian company Certion, which develops real estate projects in local seaside and mountain resorts, is set to invest nearly EUR1.5 million to establish a campus for employees in the Neptun...
Colliers: Bucharest Office Space Market Returns To Pre-Pandemic Levels
The Bucharest office space market returned to pre-pandemic levels, the industrial and logistics spaces reach new record highs and the investment market could reach its highest level in more...
One United Properties Buys Plot Near Herastrau Park in Bucharest for EUR60M
One United Properties (ONE:RO), one of the largest real estate developers in Romania, announced a transaction of EUR60 million on the Bucharest Stock Exchange on Tuesday afternoon through wh...
Demand For Logistics and Industrial Space Up 50% In H1
Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from rea...
Element Industrial Gets EUR23M from Alpha Bank Romania
Element Industrial has taken out a EUR23 million loan from Alpha Bank Romania to finance development of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North W...