Real Estate
Impact Starts Office and Retail Space Development in Greenfield Project
Impact Developer & Contractor (IMP.RO) said Friday it started phase four of its Greenfield project in northern Bucharest with 7,258 sqm of retail spaces and 1,184 sqm of offices.
Metro Resumes Attempt to Sell Real Estate in Romania
Germany’s Metro is trying again after two years to sell its real estate portfolio in Romania. The group seeks to sell and lease back the space of nine stores in its network, to streamline op...
Romania Registers 83,675 Real Estate Deals In October 2020
The number of real estate deals in Romania stood at 83,675 in October 2020, 35.107 more than in September 2020, and 25,341 more than in October 2019, according to the national cadaster agenc...
Old Three-Room Apartment Prices in Bucharest Down in October
Prices of old three-room apartments in Bucharest fell by EUR500 or 0.5% in October compared with September, reaching EUR98,300, after having gone up EUR100 the previous month, real estate co...
C&W Echinox: Romania Modern Retail Space Stock Tops 4 Million Sqm; Market Growth Rate To Slow Down In Coming Period
Romania’s modern retail space stock, made up of shopping centers, retail parks and retail galleries, has exceeded the level of 4 million square meters, but the market growth rate is expected...
Two Romanian Entrepreneurs Invest EUR300,000 In Digital&Tech Startup On Real Estate Market
Two Romanian entrepreneurs, Alexandru Boghiu and Radu Gogoasa, are investing EUR300,000 in launching The Mavers, a digital & tech startup on the real estate market which provides companies w...
Colliers: Store Traffic Drops but Retail Sales Grow in 3Q
Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consul...
One United Properties Raises Share Capital to EUR70M
Real estate developer One United Properties, owned by Victor Capitanu and Andrei Diaconescu, announced Monday a share capital increase to EUR70 million.
Public Affairs Solutions Relocates to ONE Tower in 2021
Public Affairs Solutions will relocate its Bucharest headquarters in 2021 to the ONE Tower office building developed by One United Properties in the Floreasca area, after spending 13 years i...