Real Estate
Republic Of Korea Embassy In Romania Extends Office Lease In Bucharest’s SkyTower By Seven Years
RPHI Romania (Raiffesen Property), the company that holds and manages Bucharest’s SkyTower, has extended by seven more years the lease contract for office space within SkyTower for the Repub...
Real Estate Developer Element Industrial Kicks Off EUR25M Investment in Braila
Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, has launched a new project in southern Romania, called ELI Park Braila, which entails total investments...
One United Properties To Pay Out Dividends Worth RON32.5M
One United Properties (ONE.RO), one of the most active real estate developers of residential, office and mixed-use projects in capital Bucharest, will distribute dividends in the amount of R...
CTP Acquires Over 110,000 Sqm Of Industrial Space From Zacaria Industrial
CTP, the largest developer and manager of Class A logistics and industrial space in Romania, with over 1,850.000 square meters of lettable area, has acquired approximately 112,000 sqm of ind...
Romania’s Total Warehousing Stock Likely to Hit 6 Million Sqm in 2021
Romania held a total stock of modern industrial and logistics spaces of 5.3 million square meters at end-2020, and developers have pledged over 800,000 square metres of new warehouses in 202...
Co-working Space V7 Studio Relocates, Gets New Shareholders
Co-working space V7 Studio, opened by entrepreneurs Andrei Cretu and Iulian Carciumaru, back in October 2018, in capital Bucharest, was acquired by two former residents and relocated to a bu...
Housing Prices In Romania's Largest Cities Grow In August After Remaining Stable In Previous Months
Asking prices of new and old apartments put up for sale in Romania's largest cities increased in August 2021, after remaining stable in the previous three months, according to Imobiliare.ro...
CBRE Assists Element Industrial, Paval Holding In Sale Of Eli Park 1 To Investment Fund Fortress
Real estate consulting firm CBRE Romania has assisted Romanian companies Element Industrial and Paval Holding throughout the sale of their first logistics park, the ELI Park 1 industrial par...
Iulius Group Unveils Go Local Program For Small Entrepreneurs
Real estate developer Iulius Group, held by Romanian businessman Iulian Dascalu, is launching the Go Local program intended for small entrepreneurs in the regions where the Group is present...