Real Estate
One United Properties Completes EUR25M Share Capital Increase Process
One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, has completed the process of increasing its share capital by EUR25 million, for investment...
Romania Registers 43,762 Real Estate Deals In August 2020
The number of real estate deals in Romania stood at 43,762 in August 2020, 6,391 fewer than in July 2020, data from the national cadastre agency ANCPI showed Friday.
NEPI Willing to Buy Romexpo Land in Bucharest
South-African investment fund NEPI, the biggest shopping mall owner in Romania, said it was willing to buy the 46-hectare land at Romexpo in Bucharest, which the parliament assigned for free...
Resolution Property, Zeus Capital Management Complete Floreasca Park Acquisition
Resolution Property and Zeus Capital Management have recently acquired Floreasca Park, an office compound with a lettable area of 40,000 sqm located in central Bucharest.
Wallberg Starts Second Stage of XCity Towers Timisoara
Real estate developer Wallberg, active in Timisoara, Arad and Brasov, said Tuesday it has secured EUR7.3 million financing from Garanti Bank to start work on the second stage of the XCity To...
Number of New Homes Delivered in Bucharest and Timisoara More Than Doubled in 2019
The number of new homes delivered in Bucharest and Timisoara in 2019 more than doubled compared with 2017.
Promenada Mall Makes Almost RON100M in Rental Income in 2019
Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show
C&W Echinox: Developers To Deliver Some 500,000 Sqm Of Office Space In Bucharest, Regional Cities In Next 16 Months
Capital city Bucharest and the large regional cities in Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, currently have some 500,000 square meters of projects under construction or about to...
JLL: Residential Sales Down 7% in 1H in Bucharest and Ilfov
The impact of the pandemic on the residential market differs by price range but overall sales of new housing declined 7% on the year in the first half of 2020, to around 8,000 units in Bucha...