Real Estate
Imobiliare.ro: Housing Prices in Romanian Cities See Positive Evolution In 2020 Despite Pandemic
After a 1.2% increase in November 2020, housing prices in Romania also had a positive evolution in December 2020. According to Imobiliare.ro index, the average asking prices for housing in R...
West Gate and Novo Park Owner Liviu Tudor Buys Inscut Site, Considers Residential Project
Real estate investor Liviu Tudor has bought the Inscut site in the Preciziei area (west side of Bucharest) in a deal put at some EUR3 million, real estate market sources say.
Impact Signs Two Contracts Worth EUR18.4M With Electrogrup For Construction Of Residential Complex
Real estate developer Impact Developer&Contractor, as beneficiary, has concluded two contracts worth EUR18.4 million with Electrogrup, as general contractor, for the construction of a reside...
Romanian Office Space Stock Doubled in Ten Years
Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past de...
Omer Susli Buys Four Buildings In Barlad, Tulcea, Drobeta Turnu Severin From US Investment Fund Portico Investments
Businessman Omer Susli, the owner of home décor stores Homelux, has bought four buildings located in Barlad (two buildings), Tulcea and Drobeta Turnu Severin, from American-held investment f...
Impact Developer & Contractor Closes Bond Private Placement Early
Real estate developer Impact Developer & Contractor (IMP.RO) announced Tuesday it has closed early its private placement of corporate bonds brokered by TradeVille.
Colliers: Romania Realty Investment Market To Reach Almost EUR900M End-2020, Up Nearly 40% Vs 2019
Romania’s real estate investment market will end 2020 with a volume of approximately EUR900 million, up nearly 40% against 2019, which represents the equivalent of roughly 9% of the volume e...
Selgros Opens 10,000 Sqm Logistics Platform In Chiajna
Cash & carry chain Selgros, which owns 23 stores in Romania, has recently opened a logistics platform of 10,000 square meters in Chiajna locality (on Bucharest ring road), whereby it will im...
Duica, Colliers International: Logistics And Industrial Space Stock May Exceed 8 Million Sqm In Next Four Years
Laurentiu Duica, Partner & Head of Industrial Agency within real estate consulting firm Colliers International, believes Romania is halfway regarding the development of the logistics and ind...