Real Estate
NEPI Rockcastle Resumes Expansion Plans in Romania
NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova.
Librex Targets EUR2.5M Turnover In 2021 Versus EUR1M In 2020
Online bookstore Librex, one of the leading players on the local book market, expects a turnover of EUR2.5 million in 2021, compared with EUR1 million in 2020, relying on the growth rate of...
CTP Reaches EUR300M Investments In Romania In 2021
CTP, the largest owner of logistics centers in Romania, accelerates its investment plan on the Romanian market and seeks to overshoot the threshold of 2 million square meters until the end o...
Nooka Space Installs First Smart Office In The Garden Of Bucharest’s ParkLake Shopping Mall
Irish start-up Nooka One, which offers complementary solutions to the office space market and focuses on mobility and flexibility, has installed an office in the garden of Bucharest’s ParkLa...
JLL: Volume Of Commercial Property Transactions In Romania Could Stay In 2021 At 2020 Level Of Nearly EUR900M
The volume of transactions with commercial property in 2021– offices, industrial and logistics space, hotels –could be comparable with 2020 level of nearly EUR900 million, considering that R...
Paval Holding About to Buy Dacia One Office Buildings for EUR50M
Atenor Group has reached an agreement with Paval Holding, the owner of the Dedeman business in Romania, to sell the Dacia One office buildings on Calea Victoriei for EUR50 million.
Belgium’s Logistics Space Developer WDP Makes EUR23M Rental Income in H1
Belgian-held logistics space developer WDP posted EUR22.8 million rental income in Romania in the first half of 2021, its first half report shows.
C&W: Volume Of Logistics And Industrial Space Lease Transactions Grows 21% To 360,000 Sqm In 1H/2021
The volume of lease transactions with logistics and industrial space reached a combined area of 360,000 square meters in the first half of 2021, higher by 21% compared to the same period of...
Residential Rents Down from EUR12.4/Sqm Peak in 2008 to EUR7.5
The pandemic led to changes in the residential rental market in Bucharest, both in terms of the average rent apartment owners ask and in terms of potential tenants, who chose to give up livi...