Real Estate
Iorgu, CBRE Romania: COVID-19 Pandemic Takes Office Space Transactions To Five-Year Low In Q2/2020
Large companies in Romania have avoided concluding new office space contracts in the first half of 2020, against the backdrop of the COVID-19 pandemic and the state of emergency, but consult...
Zara Home Opens First Store In Northeastern Romania, Within Palas Mall Compound
Zara Home, a company part of Inditex Grouo, is inaugurating its first store in north-eastern Romania, in the city of Iasi, within the Palas Mall multifunctional compound.
Continental Completes EUR27M Expansion of Iasi R&D Center
Continental Group, the biggest car parts manufacturer in Romania, said Monday it has completed the EUR27 million expansion of its research and development center in Iasi, northeastern Romani...
Developer Liebrecht & wooD Continues Work on EUR25M Fashion House Center
Belgian real estate developer Liebrecht & wooD, which owns the West Park Militari project in Bucharest, said Thursday it was continuing work on a second Fashion House outlet center, in Funde...
JLL: Appetite for Housing Stays High, Comfort and Space Prized above Location
Romanians' appetite for residential acquisitions remains high as over 80% of people looking to buy a home before the coronavirus outbreak still intend to purchase a home, and one in three po...
KeysFin: Romania Construction Market Seen Overshooting RON90B Mark In 2020
Romania’s construction market (building construction, civil engineering and special construction works) saw a 17% increase in turnover compared to 2017 and exceeded by nearly 30% the level r...
KPMG Romania Leases 8,500 Sqm of Offices in Speedwell's Miro Project
Audit and consultancy company KPMG Romania has signed an agreement with Belgian developer Speedwell to lease 8,500 square meters of offices in the Miro project set to be built in the Baneasa...
JLL: Industrial and Logistic Space Leases Reach 250,000 Sqm in 1H/2020
Industrial and logistical space leased in Romania reached nearly 250,000 square meters in the first half of 2020, slightly higher than in the same period last year, real estate consultancy f...
Accor Seeks to Reach 50 Hotels in Romania by 2025
French hotel management group Accor, which has nine hotels in Romania, seeks to reach 50 hotels locally in the next five years.