Real Estate
Bucharest Heritage Buildings Become Attractive to Real Estate Investors
Investors are starting to buy the major heritage buildings in the center of the old Bucharest, built in the 19th and early 20th century, seismically retrofit them and turn them into office o...
Impact Bucuresti Close To Completing Luxuria Domenii Residence Project In Bucharest
Bergamot Developments, a firm held by real estate developer Impact Developer & Contractor (IMP.RO), has concluded a services contract worth EUR11.6 million with BDT Construct & Ambient, whic...
JLL: Office Space Take-Up In Bucharest Up 16% In 2019, A Record High Of Last Nine Years
Companies leased some 390,000 square meters of office space in capital Bucharest, in 2019, with the total take-up growing by 16% compared with the previous year and seeing the highest level...
Electrogrup Builds EUR5.6M Residential Project In Bucharest For Nusco Imobiliara
Electrogrup, a company held by Teofil and Simion Muresan brothers and by Marian Pantazescu, has announced the start of works on the third phase of CITTA' Residential Park residential project...
Colliers: Investment Yields May Drop Below 7% For Office Buildings In 2020, But Romania Remains Attractive
The yields of investments in office buildings may decrease in Romania too, below 8% in 2020, in the context in which the market in the region continues to moderate, according to estimates by...
Opus Land Plans to Invest EUR22M in Cosmopolis Residential Project Expansion
Opus Land, the developer of the Cosmopolis residential compound in Bucharest, plans to invest over EUR22 million in 2020 to expand the project to 4,100 housing units.
Re/Max Offices Report EUR4.5M Fees From Realty Deals In 2019; Eye 35% Growth To EUR6M In 2020
Real estate agency franchise RE/MAX Romania registered fees of EUR4.55 million in 2019, up over 50% compared with 2018, and targets a nearly 35% increase in 2020, up to EUR6.1 million.
CBRE: Realty Investments In Romania Overshoot EUR1B In 2019, A Record High Of Last 5 Years
The volume of real estate investments in Romania exceeded the EUR1 billion mark in 2019, totalling approximately EUR1.06 billion, up 7% compared with 2018, according to data from the researc...
Group Of Investors Pays EUR3.4M For 35 Apartments Within Central District 4 Elemente Residential Project
A group of investors has paid EUR3.4 million for 35 apartments within the Central District 4 Elemente residential project, developed by Forty Management in Bucharest’s Titan area.