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Binderbubi Hotel To Become Seventh Unit Of Mercure Hotel Chain In Romania
Real Estate

Binderbubi Hotel To Become Seventh Unit Of Mercure Hotel Chain In Romania

French hotel management group Accor has announced the signing of a management contract with the owner of Mercure Sighisoara Binderbubi Hotel & SPA for the operation of the Binderbubi Hotel i...

Ecaterina Craciun · 08.04.2021 · 16:59 · 1 min
Nordis Group Buys Over 23,000 Sqm Land In Mamaia Resort To Extend Its Seaside Projects
Real Estate

Nordis Group Buys Over 23,000 Sqm Land In Mamaia Resort To Extend Its Seaside Projects

Nordis Group, a real estate developer founded by Emanuel Postoaca, on Thursday announced the extension of its projects on the Romanian seaside by acquiring lands of over 23,000 square meters...

Ecaterina Craciun · 08.04.2021 · 16:04 · 2 min
JLL: Working from Home Supports Residential Market Growth
Real Estate

JLL: Working from Home Supports Residential Market Growth

Demand for housing will remain strong in Bucharest, especially for the segments positioned at the extremes of the market spectrum (low-end and high-end), an analysis by real estate consultan...

Oana Gavrila · 07.04.2021 · 11:52 · 1 min
Romania Registers 62,891 Real Estate Deals in March
Real Estate

Romania Registers 62,891 Real Estate Deals in March

The number of real estate deals in Romania stood at 62,891 in March, 12,744 more than in February, data from the national cadaster agency ANCPI showed Wednesday.

Oana Gavrila · 07.04.2021 · 11:39 · 1 min
JLL: Pandemic Gives Rise to Sublet Trend on Office Market
Real Estate

JLL: Pandemic Gives Rise to Sublet Trend on Office Market

The ongoing health crisis is reshaping companies' approach to streamlining costs giving rise to a subletting trend on the local office market, an analysis by real estate consultancy company...

Oana Gavrila · 07.04.2021 · 10:55 · 1 min
Mendeleev Office 5 Attracts Two New Tenants, Reaches 70% Occupancy
Real Estate

Mendeleev Office 5 Attracts Two New Tenants, Reaches 70% Occupancy

The Mendeleev Office 5 office building, developed by Akcent Development in the center of Bucharest and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted two ne...

Oana Gavrila · 06.04.2021 · 11:53 · 1 min
Prices of Old Apartments Up in Only Three Districts in Bucharest in March
Real Estate

Prices of Old Apartments Up in Only Three Districts in Bucharest in March

Prices of old three-room apartments in Bucharest went up by EUR150 or 0.15% to EUR98,850 on average in March compared with February, real estate consultant SVN Romania data show.

Loredana Frățilă-Cristescu · 06.04.2021 · 09:31 · 1 min
Nord Conforest Invests EUR2.6M In Residential Compound In Gilau
Real Estate

Nord Conforest Invests EUR2.6M In Residential Compound In Gilau

Construction company Nord Conforest Invest, held by entrepreneur Dorin Aschilean, is developing a residential compound in Gilau locality, 20 km off the city of Cluj-Napoca, an investment of...

Ecaterina Craciun · 05.04.2021 · 18:19 · 1 min
One United Secures Building Permit for One Cotroceni Park Residential Component
Real Estate

One United Secures Building Permit for One Cotroceni Park Residential Component

Developer One United Properties has obtained the building permit for the residential component of One Cotroceni Park, a mixed-use project currently under development on the site of the forme...

Oana Gavrila · 05.04.2021 · 11:37 · 1 min