Real Estate
Bragadiru Becomes New Hotspot for Real Estate Development Near Bucharest
Whereas no cities around Bucharest had more than 1,000 new homes delivered in 2018, Bragadiru overshot this mark last year. Like Bragadiru, other satellite cities of Bucharest are on the ris...
Czech Real Estate Developer RC Europe Completes Third Retail Park In Romania, In EUR9M Investment
Czech real estate developer RC Europe has completed the third retail park in Romania, in Oradea, following a total investment of EUR9 million, and plans to develop an office building in capi...
One United Properties Founders Team Up With Swiss Entrepreneur To Invest In Bucharest Realty Projects
Victor Capitanu and Andrei Diaconescu, the founders of real estate developer One United Properties, have launched a real estate private equity company in Switzerland, in partnership with CC...
Leier Group Invests EUR25M in Two New Concrete Plants in Romania
Austrian Leier group, which bought Brikston and Siceram in Romania, said Monday it was investing over EUR25 million in two concrete manufacturing plants in counties Cluj and Arad.
Cristian Erbasu Invests EUR1M In Ibis Styles Bucharest Erbas Hotel Extension
Ibis Styles Bucharest Erbas Hotel is getting a new extension, the third building part of the hotel, with construction started a few months ago by owner Cristian Erbasu, who also owns builder...
Developer VGP Buys 39-Ha Land In Western Romania For Construction Of Industrial Project
European real estate developer VGP has bought a 39-hectare plot of land in Arad (western Romania) on which it is plans to build 60,000 square meters of industrial space; this is the biggest...
Impact Developer&Contractor Revenue Falls 17% To RON65M, Net Profit Halves To RON8.6M YoY In 1H/2020
Real estate developer Impact Developer&Contractor on Friday said its revenue from real estate inventories fell 17% on the year to RON65.8 million and its net profit halved on the year to RON...
JLL: Office Space Demand Slows Down In 2Q/2020; IT&C, Financial-Banking Firms The Most Active On Office Space Rental Market
Companies in the IT&C sector were the active on the office space rental market in capital Bucharest, generating over 40% of demand in the first half of 2020, being followed by firms in the f...
CBRE: Property Investments in Romania Total EUR395M in 1H, 88% Are Offices
Romania’s property investment volume in the first half of 20202 amounted to EUR395 million, 17% higher on the year, and offices accounted for 88% of traded volume, real estate consultancy co...