Real Estate
Rock Development Invests EUR30M in Residential Project in Bucharest Bucur Obor Area
Real estate developer Rock Development started works in March on its EUR30 million Avrig Park Residence project locate din the Bucur Obor area in Bucharest.
24REAL: Up To 20% Of Occupied Office Space To Be Free Up In Coming Period
Up to 20% of the total office space occupied will be freed up in the coming period and the demand for office space will fall by nearly 30%, to maximum 250,000 square meters traded in 2020, a...
One United Properties Sells 80% Of Apartments Within One Floreasca City Project
The mixed-use project developed by One United Properties in Bucharest’s Floreasca district has a complete structure and 80% of its residential component has already been pre-contracted, acco...
Profi Leases Over 100,000 Sqm In Two Warehouses To Be Built By Belgium’s WDP In Timisoara, Craiova
Retailer Profi has leased over 100,000 square meters in two warehouses to be built by Belgian logistics and industrial space developer Warehouses De Pauw (WDP) in the cities of Timisoara and...
Hilton Hotels Management Expects 80% Drop in Travel Industry This Year
Apex Alliance Hotel Management, which manages three hotels inBucharest - Hilton Garden Inn Old Town, Hilton Garden Inn Bucharest Airport and Courtyard by Marriott Bucharest Floreasca – will...
One United Sells 30% In One Floreasca Tower For EUR20M
One United Properties, the most active developer on the local market with six construction sites open, has sold 30% in One [Floreasca] Tower office building in northern Bucharest to raise ca...
Impact Developer & Contractor Completes First Phase Of Luxuria Domenii Residence Project In Bucharest
Bergamot Developments, held by real estate developer Impact Developer & Contractor (IMP.RO), has announced the completion of the first phase of the Luxuria Domenii Residence project located...
Housing Prices Grow in Most Major Romanian Cities in April, Despite Overall Downturn
Asking prices for housing in Romania grew on average in April in all major cities except in Constanta, where prices were lower, according to a housing market report by Imobiliare.ro.
Nordis Group Invests EUR70M In Mixed-Use Compound In Mamaia Nord
Real estate developer Nordis Group, established by real estate consultant Emanuel Postoaca, is building a mixed-use compound in the Mamaia Nord seaside resort, including a five-star hotel an...