Real Estate
eMAG Invests EUR90M in New Logistics Center on A1 Highway
eMAG, the leading online retailer in Romania, said Thursday it will invest EUR90 million in a new logistics center at km 19 of the A1 highway that will stretch onto 130,000 square meters and...
Teraplast Sells Former Factory Land to Real Estate Developer for EUR1.2M
Construction material producer Teraplast said Wednesday it has partnered with local real estate developer Alfa Construct Partners fro the construction of a real estate project in Bistrita on...
Colliers: Retail Sector Generates 50% of Industrial & Logistics Space Deals in 1H/2020
Total demand for industrial and logistics space reached 249,000 sqm in the first half of the year, roughly unchanged compared with the same period last year, as retail and FMCG companies gen...
Ringier Romania Becomes Sole Owner of Imobiliare.ro, Appoints New CEO
Media group Ringier has become the sole owner of real estate platform imobiliare.ro after buying out founders Adrian Erimescu, Ciprian Gheran and Radu Andrei.
Housing Prices See Moderate Decline in Five of Six Major Romanian Cities in July
Asking prices for housing in Romania declined 1.8% in July compared with June and five out of six major cities registered moderate declines, according to a housing market report by Imobiliar...
Romania Registers 50,153 Real Estate Deals in July
The number of real estate deals in Romania stood at 50,153 in July, 3,335 more compared with June, data from the national cadastre agency ANCPI showed Friday.
AFI Europe Completes Acquisition of NEPI's Romanian Office Portfolio for EUR290M
AFI Europe has completed the acquisition of NEPI Rockcastle's office portfolio in Romania in Romania for EUR290 million after the two companies reached an agreement.
Colliers: Romania Real Estate Investment Market Grows 18% To Over EUR400M In 1H/2020
Romania’s real estate investment market reached a total EUR408 million in the first half of 2020, with office space transactions accounting for nearly 86% of the total volume, per analysts o...
Hotels in Romania Record All-Time Lows as COVID-19 Restrictions Curtail Travel Demand
Hotels in Romania are recording all-time low results as the COVID-19 pandemic and related restrictions have curtailed demand from foreign travelers and job cuts in the industry may reach 38%...