Real Estate
Bristol Myers Squibb Renews Lease in CA Immo's Europe House Building in Bucharest
Biopharmaceutical company Bristol Myers Squibb Romania has signed a five-year lease extension for its 1,200 square meters of office space in Austrian office developer CA Immo's Europe House,...
Havi Logistics Leases 21,000 Sqm In Chitila Logistics Hub Near Capital Bucharest
HAVI Logistics, one of the largest transports and logistics companies in Romania and one of the world’s largest operators for brands in the industry of fast food restaurants and convenience...
Iulius Group-Developed Projects’ Profit Shrinks to RON6M in 2020
Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the...
CBRE: Modern Industrial Space Stock In Romania Seen Reaching 5.5 Million Sqm In 2021
The modern industrial space stock in Romania exceeded the 5 million square-meter threshold in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the surfac...
Continental Hotels Chain to Remodel Four Hotels for EUR6.85M
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and...
Romania Registers 47,773 Real Estate Deals In May 2021
The number of real estate deals in Romania stood at 47,773 in May 2021, 15,684 more than in May 2020, data from the national cadaster agency ANCPI showed Tuesday.
Ferrero Extends Office Space in Globalworth Tower in Bucharest
Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September.
CTP In Talks with Zacaria to Acquire Six Logistics Centers in Sibiu
CTP, the largest owner of logistics space in Romania, seeks to expand throughout the country and is in talks with real estate investor Zacaria over the acquisition of six logistics centers.
First Stage Of Athenee Palace Hilton Renovation Completed; Investment May Top EUR25M Initial Budget
The first stage of the Athenee Palace Hilton hotel renovation, whereby the new 132-room hotel wing was refurbished, has been completed and works on the second stage are to start in October 2...