Real Estate
C&W Echinox: Only 40% of Employees Return to Offices in First Stage
With the ease of travel restrictions imposed by the Covid-19 pandemic, companies begin to resume their activity in office buildings but with only 40% of employees in a first phase, a survey...
Colliers: Recognized Brand Hotels Could Return to 50-60% Occupancy in Autumn
The hotel market could return to an occupancy rate of 50-60% for hotels operated by recognized brands towards the end of the year, in a scenario in which the epidemiological context remains...
PSC Group Sells 90% of Apartments in WIN Herastrau, Starts Phase Two
Real estate developer PSC Group said it sold 90% of apartments in residential project WIN Herastrau in March-May and will start works on the second phase of the development.
C&W Echinox: Romanians Will Spend More Time Outdoors, Prefer Domestic Vacations after Lockdown
Two months of lockdown and the lingering danger of infection will influence Romanian consumer habits, as people will be tempted to spend more time outdoors and domestic vacation destinations...
Colliers: Shopping Malls Invested EUR0.5M for Safe Reopening after Lockdown
Shopping centers are preparing to reopen on June 15 and invested over EUR500,000 on safety measures and staff, real estate company Colliers International said Thursday.
Apex Alliance Group To Open Moxy Bucharest Old Town Hotel July 20, In EUR12.5M Investment
Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, will be opening the Moxy Bucharest Old Town hotel...
JLL: New Residential Properties In Bucharest Generate 5%-7% Return On Investment, Among Highest In The Region
The return on investment (ROI) of new residential properties in capital Bucharest ranges from 5% to 7%, and the best level, of 6.5%, is recorded by apartments further from the city center, i...
GTC Invests Over EUR70,000 In Its Bucharest Office Buildings Amid Coronavirus Containment Measures
GTC (Global Trade Center) has allotted over EUR70,000 to five projects it owns in capital Bucharest, against the backdrop of measures imposed by authorities and mutually agreed with tenants,...
TeraPlast Relocates Warehousing to Mega Distribution Center
Romanian building materials manufacturer TeraPlast has relocated its warehousing facilities from Otopeni to a bigger space in Mega Distribution Center in Chiajna, targeting more efficient di...