Real Estate
Nextfit Opens EUR1.1M Fitness Center in Vox Technology Park in Timisoara
Gym operator Nextfit, owned by entrepreneurs Razvan Irimescu and Sergiu Serban, is set to open a fitness center in Vox Technology Park in Timisoara, following an investment of EUR1.1 million...
CBRE: Modern Industrial Stock Tops 4M Sqm in 1H/2019
Modern industrial stock in Romania exceeded 4 million square meters in the first half of the year with the delivery of 24,000 sqm and another 1 million sqm is set to be delivered by the end...
JLL: Real Estate Investments Grew Slightly in 1H, Buyers Remain Cautious
Despite worries of the real estate market overheating, the Romanian real estate market registered just four transactions of over EUR10 million in the first half of the year, real estate cons...
Private Healthcare Providers Go to Corporate Customers and Open Clinics in Office Buildings
The development of the office buildings and the high number of people working there are attracting the private healthcare providers which open clinics on the ground floor of such buildings i...
Companies in Bucharest Leased 19,000 Square Meters for Expansion in H1
Out of the about 220,000 square meters of office space leased in Bucharest in the first half of 2019, about 10% accounted for expansion of companies that reached the conclusion they needed m...
Timisoara-Based Industrial Park VGP Gets RON33M Capital Injection
VGP Park Timisoara, one of the companies through which Belgian real estate developer VGP operates in Romania, has received a capital injection of RON33 million (EUR7.8 million), according to...
Impact Developer & Contractor 1H Revenues From Sale Of Realty Properties Soar 90% To RON79.5M
Real estate developer Impact Developer & Contractor (IMP.RO) ended the first half of 2019 with revenues of RON79.5 million from the sale of real estate properties, up 90% from the same perio...
Romania Ranks Third In CEE By Value Of Real Estate Transactions In 1H/2019
The value of real estate transactions grew nearly 6% in the first half of 2019, to approximately EUR410 million, accounting for nearly 10% of the total volume of investments in Central and E...
BCR To Become Biggest Tenant in Business Garden Bucharest
Lender BCR will become the biggest tenant of the Vastind's Business Garden Bucharest office compound in the Grozavesti area, after renting 14,000 sqm to relocate its operations from its down...