Real Estate
Globalworth Net Operating Income Up 6.5% to EUR157.3M in 2020
Globalworth, the largest office space owner in Central and Eastern Europe, saw a 6.5% increase in net operating income to EUR157.3 million in 2020, whiles total portfolio value remained at E...
Colliers: Romanian Hotel Market Could Start Recovery in 2H/2021
The hotel market in Romania could start recovering in the second half of 2021, supported by a pick-up in international travel, and the 2021 will bring fresh trends in the hospitality area, r...
Developer Impacts Lists EUR6.6M Corporate Bond Issue on Bucharest Market
Romanian real estate developer Impact Developer & Contractor (IMP.RO) on Friday listed a corporate bond issue totaling EUR6.6 million on the regulated market of the Bucharest Stock Exchange.
CBRE: Modern Industrial Space Stock Expected To Reach 5.5 Million Sqm In 2021
The modern industrial space stock exceeded the threshold of 5 million square meters in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the area under co...
Alpha Real Estate Services Sells Three Hotels in Bucharest to Zeus International
Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of Bucharest to Zeus International Group, one of Europe’s fastest...
Impact Gets Regulator Approval to List EUR6.85M Corporate Bond Issue
Romanian real estate developer Impact Developer & Contractor (IMP.RO) said Wednesday it has received regulatory approval in view of listing euro-denominated corporate bonds totaling up to EU...
One United Secures Building Permit for One Verdi Park Residential Project
Romanian developer One United Properties has secured a building permit for its One Verdi Park residential project in northern Bucharest.
FUTURE Designs Factory and HQ Get World's First IMMUNE Building Standard Certification
FUTURE Designs, a UK based designer and manufacturer of high-quality luminaries and bespoke lighting solutions, has obtained the first IMMUNE Building Standard™ certification in the world fo...
Immofinanz Buys Bucharest Financial Plaza Building from BCR for EUR36M
Erste's Banca Comerciala Romana (BCR) has completed the property transfer of Bucharest Financial Plaza, its former headquarters on Calea Victoriei in downtown Bucharest, to Austria's Immofin...