Real Estate
Impact Developer&Contractor Profit Drops 28% in Jan-Sept, to RON13M
Real estate developer Impact Developer&Contractor (IMP.RO) on Tuesday reported a net profit of RON13 million for the first nine months of 2020, down 28% on the year.
Impact Seeks to Raise Up to EUR15M with Bond Issue
Real estate developer Impact Developer&Contractor (IMP.RO) plans to sell corporate bonds worth EUR6 million, with the possibility of increasing the amount to EUR15 million, via private place...
CTP Acquires 12 Logistical Buildings from Cromwell Property Group
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has acquired 95,000 square meters of logistical buildings from...
C&W Echinox: Romania Logistics Space Market Sees Record Demand From Retailers, Logistics Firms In 2020
Romania’s logistics space market has seen record demand in 2020 and the volume transacted is expected to exceed the 700,000 square meter threshold, against the backdrop of accelerated growth...
Apartment Prices In Romania’s Big Cities Grow 2.4% In October 2020 Despite COVID-19 Pandemic
Apartment prices in Romania’s large cities grew 2.4% in October 2020, after a decline of 0.9% in September, despite the COVID-19 pandemic.
ManpowerGroup Leases Over 1,000 Sqm In The Light One Office Building To Expand Its Activity
ManpowerGroup, specializing in recruiting services, has leased 1,063 square meters within The Light One office building developed and held by River Development, in order to expand its activi...
C&W Echinox: Bucharest Office Vacancy at 10.8%, Seen Rising in Short Term
The use of offices is about 40-50% of the usual level before the outbreak of the pandemic, while the the vacancy (contractual) rate of office spaces is 10.8%, with a significant difference b...
CBRE To Manage Bucharest-Based Campus 6.2 And Campus 6.3 Office Buildings
Real estate consulting firm CBRE has been selected by developer Skanska to provide property management services for the Campus 6.2 and Campus 6.3 office buildings located in the central-west...
Iulius Malls See RON453M in Revenue from Rent in 2019
Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials suppl...