Real Estate
Germany’s Hartmann Relocates Its Bucharest HQ To IRIDE Business Park
German company Hartmann, specialized in the research and development of medical products, has leased a 500-square meter space within the IRIDE Business Park project held by Immofinanz, and i...
Banca Transilvania To Grant RON700M Loans Via New Home Program
Romanian Lender Banca Transilvania (TLV.RO) has started to grant loans under the New Home subsidized mortgage lending program, aiming for a total amount of RON700 million.
CTP To Complete Construction Of IKEA’s New Distribution Center For Southeast Europe In 2020, Near Bucharest
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe (CEE), will complete in 2020 the construction works on IKEA’s...
Siemens And NTT Data Sign Lease for Office Space in AFI Brasov
AFI Europe Romania, one of the largest companies on the local real estate market, has rented 55% of the AFI Park Brasov office building, which should be inaugurated this fall. The tenants in...
C&W Echinox: Romanian Investment Market Shows Resilience in the Face of the Pandemic
Transactions closed in the last weeks, totaling EUR400 million euros, show the investment market in Romania remains strong and attractive even in the Covid-19 pandemic period and Romania is...
Renault Seeks to Sublet Space in Renault Bucharest Connected
A year after inaugurating the Renault Bucharest Connected, the center designed to bring all the divisions of the Renault Group in Romania to one place, the group seeks to sublet some of the...
RE/MAX: Apartment Prices In Romania Seen Falling 5% To 10% On Average Under Pandemic Impact
Apartment prices in Romania will see an average correction of 5% to 10% under the impact of the coronavirus-led crisis on the real estate market, with variations depending on each region, pe...
Demand On Real Estate Market Up 15% In August After Steep Decline This Spring
Demand on the real estate market grew 15% in August 2020 compared with January 2020, after a steep decline of nearly 70% at the end of March, against the backdrop of the coronavirus pandemic...
Hornbach Opens Seventh Store in Romania in September, in Oradea
German-owned Hornbach Romania, one of the leading retailers of building and gardening materials on the Romanian market, started work on its seventh store in Romania to be opened in Oradea in...