Real Estate
CBRE: Bucharest Remains The First Option For Companies Willing To Operate In Romania
Romania's capital city of Bucharest reached a total area of 3.16 million square meters of modern office spaces at the end of the third quarter of 2019, with Bucharest remaining a magnet for...
ESOP: Office Space Lease Market Up 7% In 2019 In Bucharest, Due Mostly To New Space Take-Up
Office space lease transactions in capital Bucharest reached a total area of 385,800 square meters, 7% more than in the previous year, with new office buildings being the engine of the marke...
Alpha Bank Sells Mall Plot in Timisoara
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was canceled and Alpha Bank sold the 60,000 squa...
BT: Romania House Prices After Inflation Adjustment Saw Annual Average Growth Rate Of 3% In 2015-2019
House prices in Romania grew on average 3% year-over-year, in nominal terms, in the first nine months of 2019, but fell nearly 0.9% after the adjustment for inflation, Eurostat data showed T...
Eurostat: Romania, Among EU Countries Seeing Biggest House Price Decreases After 2007 Crisis
Between 2007 and the third quarter of 2019, rents increased steadily and house prices have fluctuated significantly in the European Union. Romania is among the European countries seeing the...
Colliers to Provide Property Management For Equilibrium Office Building
Real estate consultancy company Colliers International Romania will provide property management services for the first office building in the Equilibrium project developed by Skanska in Buch...
Globalworth Fully Acquires Renault Bucharest Connected Office Project
Developer Globalworth, the biggest investor on the Central and Eastern European office market, is the sole shareholder of the company that owns the Renault Bucharest Connected office project...
Vastint Seeks to Buy More Land in Romania, Considers Tutunul Romanesc Site
Swedish developer Vastint, which built the Business Garden Bucharest office complex in the Orhideelor area and is now working on Timpuri Noi Square project, is considering new acquisitions o...
Swiss Capital Buys RON45,200 Worth Of Impact Developer & Contractor Shares; Reaches 12% Holding
Swiss Capital, FDI Active Dinamic, an investment fund managed by Swiss Capital Asset Management, and Sorin Apostol, the representative of the internal control department of Swiss Capital and...