Real Estate
PwC Romania Relocates HQ To Ana Tower Building In Bucharest
PwC Romania has moved its headquarters to Ana Tower building, located in northern Bucharest, as the office space is almost a third larger than the space previously occupied by the company.
Impact Bucuresti Posts RON164M Net Profit In 2019, Eightfold Higher Than In 2018
Real estate developer Impact Developer & Contractor (IMP.RO), owned by businessman Gheorghe Iaciu, reported a net profit of RON164.694 million for 2019, compared with RON20.8 million in 2018...
Prefab Net Profit Halves in 2019, to RON1.1M
Construction materials manufacturer Prefab Bucuresti (PREH.RO) said Friday its net profit halved in 2019 to RON1.1 million and its turnover dropped 13.7%, to RON65.3 million on lower sales.
Bog’Art Buys Two Plots In Central Bucharest For Residential Development
Romania’s largest builder, Bog’Art, has purchased two plots of land for development of luxury homes. The move is part of the company’s strategy to focus on luxury residential development in...
Gran Via Real Estate Invests EUR18M In Construction Of Last Two Apartment Blocks Of Timisoara 58 Compound
Spanish developer Gran Via Real Estate will be completing in 2020 the Timisoara 58 residential compound, located on the site of the former Frigocom industrial platform in capital city Buchar...
Office Space Stock In Iasi To Double Over Next Five Years
The office space stock in Iasi, 280,000 square meters at the moment, will double in the next five years.
Gastronom Buzau, Held By SIF Transilvania, Plans To Pay RON2.5M Dividends At 14.3% Yield
The sole administrator of Gastronom Buzau (GAOY.RO), a company specialized in leasing and subleasing real estate, respectively, Diana Veres, Chairwoman of the Executive Board, has called a s...
Coworking Firm Commons Posts EUR1.1M Turnover In 2019
Bucharest-based coworking company Commons reported a turnover of EUR1.1 million in 2019, following investments of EUR300,000 which expanded by 280% the office and leisure spaces for over 600...
JLL: Industrial, Office, Retail Projects to Top 1.2 Million Sqm in 2020
A new record level of modern industrial, office and retail projects is expected to be delivered in 2020, as developers announced projects totaling over 1.2 million square meters, according t...