Real Estate
Developer Alesonor Gets Urban Planning Permit for EUR110M Residential Project
Alesonor, a real estate development firm held by Greek entrepreneurs, which erected luxury residential project Amber Gardens has obtained the urban planing permit for a EUR110 million reside...
C&W Echinox: Demand for Real Estate Valuation Services Unchanged by Pandemic
Demand for real estate valuation and consulting services remained constant during the pandemic, as investors sought to identify changes and new market trends and recalibrate their choices am...
BRD Grants EUR20M Loan to Ana Hotels for Athenee Palace Renovation
Romanian lender BRD Groupe Société Générale has granted a EUR20 million loan to Ana Hotels group for the renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in...
Former Plants in City Centers Make Room for Retail or Residential Developments
Dozens of plants – furniture, cosmetics, food or construction supplies factories, have been taken down in the past two decades to make room for DIY stores, hypermarkets, malls and apartment...
Romania Registers 50,147 Real Estate Deals in February
The number of real estate deals in Romania stood at 50,147 in February, 1,411 more than in January, data from the national cadaster agency ANCPI showed Monday.
Ana Hotels Invests EUR25M in Bucharest Athenee Palace Hotel Renovation
Ana Hotels has started a EUR25 million investment in the capital renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in the city center.
Logistics Developer VGP Buys 25-Ha Plot Near A3 Highway and Bucharest Beltway
Logistics and semiindustrial space developer VGP has bought land for the VGP Park Bucharest project in the north of the city.
Demand for Houses Triples in Past Year, Real Estate Consultants Say
The supply of houses is preparing for an increase, the high number of land deals lately shows.
Braiconf Braila Seeks to Relocate Factory, Sell Land to Kaufland
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) plans to relocate its factory in Braila and sell the factory's 10,000-square-meter land to retailer Kaufland for over EUR7 million.