Real Estate
Globalworth Resumes Office Space Development In Bucharest After Almost 5-Year Hiatus
Globalworth returns to the office space development market by starting work on Green Court D, the fourth building of the complex in the Aurel Vlaicu – Floreasca area of Bucharest.
Real Estate Developer AFI Secures EUR537M Refinancing For AFI Cotroceni, AFI Ploiesti And AFI Brasov
Real estate developer AFI has taken out a EUR537 million refinancing package for three major projects – AFI Cotroceni, AFI Brasov and AFI Ploiesti. This is the largest refinancing in the rea...
Building Permits Down 45% in Bucharest in Past 3 Years
Housing prices have risen by as much as 100% in major cities of Romania in the past six years and Bucharest administrative crunch swells market pressure. Bucharest registered a 45% decline i...
Nusco Gets Construction Permit For Phase 3 Of Nusco City In Bucharest
Real estate developer Nusco, one of the largest actors on Romania’s real estate market, has secured the construction permit for the third phase of the Nusco City, a mixed-use project develop...
Royal House of Romania Puts Furnica Hotel In Sinaia Up For Sale For EUR3.7M
Furnica Hotel, located near the famous Peles Castle in the mountain town and resort of Sinaia, has been officially put up for sale by the Royal House of Romania.
Bucharest Premium Property Prices Double To EUR8,000/Sqm Average in Recent Years
The premium residential market in Bucharest has experienced a significant price surge over the last few years, reaching record levels, particularly in highly sought-after areas such as Primă...
Henkel Relocates HQ To Bucharest's Equilibrium 2 Office Building
German company Henkel has officially inaugurated its new headquarters in capital city Bucharest, which is located in the Equilibrium 2 office building in the city's Floreasca area.
HILS Development Invests EUR200M in New 2,700-Apartment District in Northern Bucharest
Real estate developer HILS Development has launched HILS Nord projects, a mixed-use housing compound that will include 2,705 apartments on a 10-ha area, close to Saulei Lake. Total investmen...
French Reinsurer SCOR Said To Prepare Entry In Romania
SCOR, one of the major reinsurers in Europe, is preparing to create an operational presence in Romania and is looking for some 1,500 to 2,000 square meters of modern office space in Buchares...