Real Estate
Kesz Group Buys Nearly 16,000-Sqm Land In Bucharest; Plans To Invest EUR50M In Residential Complex
Hungary’s construction group Kesz has bought a plot of land of nearly 16,000 square meters in the Petrom City area, near the Casa Presei Libere (The Free Press House) in capital Bucharest, w...
GTC’s Cascade Office Building Gets LEED Gold Certification
Real estate developer GTC (Global Trade Center) has obtained the LEED Gold certification for the Cascade Office Building, a project located in the vicinity of Bucharest’s Victory Square.
Louis Delhaize Group Reaches Agreement With Austria’s Supernova Group To Sell Its Romanian Real Estate Portfolio
Belgium’s Louis Delhaize Group, present in Romania since 2003 with hypermarkets under the cora brand, has reached an agreement with Austria’s real estate group Supernova to sell its real est...
Econergy Leases Space In Bucharest’s Metropolis Center For Its Head Office In Romania
Israel’s Econergy, one of the leading green energy investors in Romania, has leased spaces within the Metropolis Center in capital Bucharest for its head office in Romania.
Romania, a Growth Engine for Logistic Developer CTP
CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction in Bucharest and in multiple regional cities, with Roma...
1% in One United Properties Changes Hands for RON18.3M One Day Before Inclusion in FTSE Global All Cap
Transactions with real estate developer One United Properties (ONE.RO) shares reached RON22.1 million on Friday, December 17, while the share price dropped 2.9% compared with the previous se...
Speedwell Buys 9-Ha Land Plot in Northern Bucharest to Build New Project
Real estate developer Speedwell signed a pre-contract to buy a 9-ha land plot with the aim of building a new project, in Bucharest’s district one.
IMPACT Gets EUR5M Loan From OTP Bank, Via Bergamot Developments, To Refund Investments
Impact Developer & Contractor (IMP.RO) continues the implementation of the development strategy for the next six years by signing a EUR5 million loan agreement with OTP Bank, through its sub...
Asset Portfolio Managed By C&W Echinox Up 28% In 2021; Seen Growing 10%-15% In 2022
The Asset Services Department of real estate consulting firm Cushman & Wakefield Echinox saw a 28% increase in 2021 in the portfolio of properties it manages, reaching some 500,000 square me...