Real Estate
Romanian Realtor Develops Global Standard For Certification Of Office Buildings Resilience To Pandemic
Liviu Tudor, one of Romania’s biggest office owners, has developed a new standard that certifies the resilience of office buildings to pandemic or similar risks.
Compa Sibiu To Inaugurate Two Hotels In Sibiu, Under Mercure And ibis Styles Brands, In 2023
Romanian car parts manufacturer Compa Sibiu (CMP.RO) will be inaugurating two hotels in the city of Sibiu in 2023, on the site of the former Arsenal factory. The hotels will operate under th...
CTP Invests EUR50M To Expand Logistics Parks Near Timisoara
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), plans to double the leasable area of logistics spaces in the r...
Colliers: Nearly Three Quarters of Investors Closed or Expect to Close Land Transactions in 2020
Nearly three quarters of investors active on the Romanian land market have closed transactions in 2020 or expect to do so by the end of the year despite sluggish economic recovery and the on...
Impact Starts Construction Of First Three Blocks Of Boreal Plus Residential Compound In Constanta
Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, has started the construction of the first three blocks of the Boreal Plus residential comp...
Colliers: Romania Realty Investment Market Tops EUR820M In Jan-Sept 2020, Hits Decade-Best Level
Romania’s real estate investment market reached nearly EUR820 million in January-September 2020, higher by 45% than in the year-earlier period and by 27% versus 2019, being the best three qu...
C&W Echinox Expects To Appraise EUR4.2-4.5B Worth Of Properties By End-2020
The appraisal team of real estate consulting firm Cushman & Wakefield Echinox expects to appraise properties worth a total EUR4.2 to EUR4.5 billion by the end of 2020, slightly higher than i...
Construction Permits for Apartment Buildings Tripled in a Decade
The number of construction permits issued for apartment buildings every year has tripled in the past decade, while the number of construction permits for houses fell by 4%, the data centrali...
Romania Property Investment Market Grows 31% in Jan-Sept, to EUR738M
The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for ne...