Real Estate
Major Bucharest developer Petre Niculae Wants to Build EUR500M Project on Lacul Morii Banks
Petre Niculae plans to develop the biggest housing project in the proximity of Bucharest’s Lacul Morii, a project Crosspoint consultants put at EUR500 million.
Immofinanz Rental Income In Romania At EUR48M In 2021
Austrian property developer Immofinanz reported revenues of EUR48.8 million at the end of financial year 2021 from renting its office and retail properties in Romania.
ICD Real Estate Development Buys 17,000 Sqms of IMGB Platform for Housing Project
ICD Real Estate Development, a developer controlled by Nicusor Popescu and Daniel Chitafes, bought 17,000 square meters from IMGB platform to the end of developing a housing project.
Colliers: Romania's Real Estate Investment Market May Exceed EUR1B In 2022
The high activity levels seen on the local real estate investments market at the start of 2022 indicate that the total investment volumes in Romania could exceed EUR1 billion in 2022, accord...
C&W Echinox: Total Value Of Appraised Assets Up 40% To EUR5.5B In 2021
The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021.
CBRE Romania Assisted S IMMO In Acquiring EXPO Business Park
Real estate consulting firm CBRE Romania has assisted Austrian real estate developer S IMMO AG in the acquisition of EXPO Business Park, an office complex located in northern Bucharest.
SVN Romania: More Than 27,000 Housing Units Currently Under Construction In Capital Bucharest
More than 27,000 homes are currently under construction in capital Bucharest and its surroundings, being the largest number of housing units under construction in the region in the modern hi...
Developers Bet on South of Romania’s Black Sea Coast
After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to...
Austria’s S Immo To Acquire Expo Business Park Offices In Bucharest
Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust.