Real Estate
Crosspoint Real Estate: Land Prices In Romania To Keep Growing
Romania’s land market is one of the most active in the real estate sector, which is confirmed by a nearly 10% price increase in the first half of 2021, compared with 2020, with prices being...
Euroins Romania Leases 2,500 Sqm Of Office Space In Bucharest’s J8 Office Park Project
Euroins Romania, the second largest insurance company on the local market, has rented 2,500 square meters in building A of the J8 Office Park project developed in capital Bucharest by real e...
JLL Appoints Silviana Petre Badea As Deputy Head Of CEE Capital Markets
Silviana Petre Badea, managing director of real estate consulting firm JLL Romania, has been appointed Deputy Head of CEE Capital Markets, while continuing her role as country head of Romani...
One United Properties Gets EUR78M Loan From BCR, BRD, Erste Bank To Fund One Cotroceni Park Project
One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, announces the closing of an agreement of up to EUR78 million in o...
Uneven Residential Development in Romania’s Biggest Cities in 2020
The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show.
NEPI Rockcastle Gets EUR73.5M from IFC for Green Projects in Romania
IFC, a member of the World Bank group, has agreed to provide a EUR73.5 million loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, the largest retail property owner in Cent...
Babes-Bolyai University Buys Opera Plaza Hotel in Cluj for RON40M
Hold Invest, a company of businessman Calin Buzoianu, has completed sale of the Opera Plaza Hotel in Cluj-Napoca to the Babes-Bolyai University in a deal put at RON40 million.
Dedeman in Talks to Buy Land Next to Ikea in Timisoara
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for...
Poland’s Scallier Buys Prima Shops in Timisoara
Polish-held developer Scallier, which arrived in Romania via retail park chain FunShop Park last year, has acquired Prima Shops project built by Oasis Retail Development & Consulting in Timi...