Real Estate
Speedwell Signs EUR22.5M Financing Agreement With BRD To Develop Record Park Project In Cluj
Real estate developer Speedwell, established by Belgians Jan Demeyere and Didier Balcaen, has concluded a financing agreement of EUR22.5 million with BRD Société Générale for the development...
S Immo In Talks To Acquire Campus 6.2 And 6.3 Buildings; Deal Estimated At Nearly EUR100M
Austrian real estate developer S Immo is in talks with Swedish real estate developer Skanska to acquire the Campus 6.2 and 6.3 buildings, located in the area of the Polytechnic University of...
Housing Prices Grow 7% YoY in 4Q
Asking prices for housing in Romania grew 7% on the year in the fourth quarter of 2019, according to a housing market report by Imobiliare.ro.
Colliers: Real Estate Deals in Romania to Reach EUR600-700M in 2019
Real estate transactions in Romania will reach EUR600-700 million in finalized contracts by the end of 2019 and 2020 will start with transactions of over EUR600 million currently under advan...
Investment Fund Vivion Buys BCR Palace In Bucharest’s University Square; Deal Estimated At EUR25-30M
Luxembourg-based investment fund Vivion, held by Isaac and Amir Dayan brothers from Israel, has acquired the BCR Palace in Bucharest’s Piata Universitatii (University Square), within this ye...
CBRE Advised Bank of China on Bucharest HQ Lease
Real estate consultancy company CBRE has advised Bank of China on the launch of its Romanian operations by leasing 800 square meter sin the City Gate office project owned by GTC in northern...
Klomp, CBRE: Volume Of Real Estate Transactions In Cluj-Napoca Seen At EUR200M End-2019
The volume of real estate investments in the Romanian city of Cluj-Napoca (north-western Romania) may reach EUR200 million at the end of 2019, keeping its position as the most attractive cit...
Iulian Dascalu Plans to Build Biggest Real Estate Project in Romania at Romexpo
The Chamber of Commerce and Industry of Romania has started the necessary steps to secure the permits needed to begin the real estate project at Romexpo, according to Bucharest City Hall dat...
Hexagon Group Of Firms Sells Three Office Space Projects In Cluj-Napoca For EUR30M
Hexagon group of firms, controlled by Florin Maris and Raul Ciurtin, has signed an agreement of EUR30 million for the sale of a portfolio of office space buildings in Cluj-Napoca, namely, Vi...