Real Estate
At Least 10% of Corporate Employees Could Lose Their Jobs in H2 Due to Recession
The economic downturn along with the rethinking of business plans will lead to layoffs in the major companies in the next few months, market data show. At least 10% to 20% of the corporate e...
Tetarom: Companies Seek Production and Storage Space, Interest in Offices Declining
Companies are repositioning during this period are more interested in storage and production facilities, while interest in offices is declining, said Octavian Fodor, deputy general manager o...
Nordis Group Sees 50% Higher Sales YoY In March-May 2020
Nordis Group, a real estate developer specialized in the construction of luxury properties, registered 47% higher sales year-on-year in March-May 2020, for the Nordis Mamaia 5***** mixed-use...
Imobiliare.ro: Apartment Prices Drop In May 2020 In Four Out Of Six Romanian Regional Centers
Apartment prices decreased in May 2020, in four out of six regional centers in Romania, including capital Bucharest and the city of Cluj-Napoca, compared with April 2020 when the downward tr...
Colliers: Summer Deliveries To Compensate for Production Slowdown
Production in Romania could accelerate over the summer and large accumulated stocks could determine a short-term demand for storage, analysis by real estate company Colliers International sh...
Swedish Rosti Group Leases 11,300 Sqm Industrial Space for New Facility Near Ploiesti
Rosti Romania, owned by the Swedish company Rosti Group AB, has leased 11,300 square meters of industrial spaces in Paulesti, near Ploiesti, for a new production facility for auto industry p...
Global Vision To Provide Property Management Services For H Victoriei 109 Office Space Project
Real estate developer HAGAG Development Europe and Global Vision have signed a collaboration agreement for the provision of property management services for the H Victoriei 109 office space...
Nine Shopping Center Owners Push for Reopening
Nine owners of shopping centers in Bucharest and 24 regional cities, with 52 malls and over 4,600 tenants, have called on the government to allow the reopening of large shopping centers, rea...
Imobiliare.ro: 70% of Owners Willing to Lower Asking Prices for Apartments
Seventy percent of homeowners looking to sell their apartments are willing to lower asking prices and 98% are open to viewings after health restrictions were relaxed but with protective meas...