Real Estate
Kone Relocates To Bucharest's West Business Campus
Finland’s Kone, a global leader in the elevator and escalator industry, has leased 1,230 square meters in the urban regeneration project West Business Campus located in the western part of c...
Romanian Real Estate Developer Genesis Property Joins UN Global Compact Initiative
Romanian real estate developer Genesis Property joins the UN Global Compact initiative and becomes the first commercial real estate owner and developer in Romania to enter the United Nations...
Colliers: Coronavirus Pandemic Intensified Romanians’ Migration From Urban To Rural Areas
The coronavirus pandemic has intensified the migration of a large part of Romania’s population towards suburbs or localities around big cities, a trend that will maintain on the medium term,...
Topband Europe Leases 11,000 Sqm In Olympian Industrial Park For Planned $30M Factory
Chinese company Topband Europe, which produces smart controllers for home appliances and electrical equipment, has leased 11,000 square meters in the Olympian industrial park in Timisoara (w...
Oresa Appoints Muler Onofrei Co-Managing Director of Real Estate Unit
Swedish-held Oresa, which earlier this year ventured into real estate by acquiring the Solo Iasi logistics and industrial park from the Tester Group, has brought Muler Onofrei onboard as co-...
Speedwell Wants to Tap into Industrial Space Market
Belgium-held real estate developer Speedwell, which built Record Park mixed project of Cluj and Triama housing project of Bucharest, wants to enter the industrial space market and develop pl...
Ovidiu Tender in Talks to Sell Vulcan Platform
Businessman Ovidiu Tender, owner of Vulcan platform of southern Bucharest, is in talks to sell the 25-ha land plot to a group of investors, according to real estate market sources.
Future Nordis Brasov Hotel Valued at Over EUR40M by Horwath HTL
Hotel consultancy and valuation company Horwath HTL has valued the Nordis Brasov project and estimates a market value of more than EUR40 million after the hotel opens in November 2023
Impact Developer & Contractor Revenue and Profit Shrink in Jan-Sep
Impact Developer & Contractor (IMP.RO), the real estate developer controlled by entrepreneur Gheorghe Iaciu, made RON110 million revenue of from the sale of real estate properties in the fir...