Real Estate
Average Rental Price In Capital Bucharest Hits EUR7.5/Sqm In 2Q/2021, Down Nearly 5% Vs 2Q/2020
Iasi, Brasov and Constanta are among Romania’s top economically developed cities where rental prices have gone up in the past year, while in Bucharest, Cluj-Napoca and Timisoara rental price...
One United Properties Founders Buy Over 800,000 Company Shares For Over RON1.5M
Victor Capitanu and Andrei Liviu Diaconescu, the two founders of real estate developer One United Properties (ONE.RO), one of the leading players on the Romanian real estate market, on Tuesd...
IKEA: Construction of Timisoara Store Will Take One Year
Sweden’s IKEA says the development of the store it is building near Timisoara will take 12 months, with variations depending on field work conditions.
CBRE Assists Investment Fund Adventum In Acquiring Hermes Business Campus In Bucharest
Real estate consulting firm CBRE Romania has assisted boutique investment fund manager Adventum, run by a Hungarian team of managers but officially based in Malta, in acquiring Hermes Busine...
NEPI Rockcastle Targets EUR140M Investments In Project Development In Romania
South-African investment fund NEPI Rockcastle, the leading investor and developer of retail properties in Central and Eastern Europe and the largest shopping mall owner in Romania, targets i...
Imotrust Arad Seeks To Buy 3,415 Sqm Land In Timisoara For EUR2.25M
Romanian company Imotrust Arad, active in the real estate sector, plans to buy a plot of land of 3,415 square meters in Timisoara (western Romania), at the price of EUR2.25 million, payable...
Pain Plaisir To Open New Unit, In Bucharest’s J8 Office Park Project; Eyes EUR2.5M Turnover In 2021
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four units in Bucharest, and targets a turnover...
Belgium’s WDP Invests EUR6M In Almost 4,000 Sqm Of Warehouses In Buzau
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, is expanding its warehouse in Buzau by almost 4,000 square meters for German retailer Met...
One United Properties Holders Summoned To Approve Distribution Of Dividends, Share Capital Increase
Romanian real estate developer One United Properties (ONE.RO) is summoning its shareholders for September 10 to approve the distribution of dividends in the total amount RON25 million or RON...