Real Estate
Iulius Group Invests EUR16M in Two Retail Projects
Real estate developer Iulius Group is developing a new retail concept, Family Market, and will invest EUR16 million for two such projects in the city of Iasi and Miroslava, a neighboring tow...
Gothaer Adds Household Goods Insurance to Its Travel Insurance
Gothaer Adds Household Goods Insurance to Its Travel InsuranceGothaer Asigurari Reasigurari, the local subsidiary of the German insurance group Gothaer, announced it was adding a household g...
Globalworth Appoints Marian V. Popa as Managing Director for Romania
Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as managing director for Romania starting March 1, 2021.
JLL: Office Market in Romania Drops 36% in 2020
The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in...
Kromberg & Schuber Leases 2,000 Sqm in Timisoara Vox Technology Park
German manufacturer of automotive cable harnesses and electrical systems Kromberg & Schuber has leased 2,000 square meters of office space in the Vox Technology Park project in Timisoara.
Dunwell: Industrial Transactions Reach 650,000 Sqm in 2020, Up 38% on Year
Over 650,000 square meters of warehousing space was traded in Romania in 2020, 38% more than in 2019, industrial brokerage firm Dunwell said in a market report Monday.
Iulius Group Set to Continue Investments in Iasi And Timisoara in 2021
Real estate developer Iulius Group of businessman Iulian Dascalu expects the pandemic to have a sizeable effect on last year’s revenue but says it will go ahead with its development plans.
Old Three-Room Apartment Prices in Bucharest Up 4% in 2020
The prices of old three-room apartments in Bucharest stagnated at EUR98,400 on average in December compared with November, after having gone up EUR100 the previous month, real estate consult...
Romania Registers 77,355 Real Estate Deals In December 2020
The number of real estate deals in Romania stood at 77,355 in December 2020, 17,172 more than in November 2020, data from the national cadaster agency ANCPI showed Wednesday.