Real Estate
Vertiv Relocates Cluj-Napoca HQ to Advancity Business Center
US hardware and software producer Vertiv has relocated its headquarters in Cluj-Napoca after renting 4,500 sqm in the Advancity Business Center office building located downtown.
Sodexo Romania Relocates To Iride Business Park
Immofinanz, one of the largest office building owners in capital Bucharest, has rented out nearly 3,100 square meters of office space to Sodexo, one of the largest players on the Romanian me...
Apex Opens Hilton Garden Inn at Bucharest International Airport
Lithuanian Apex Alliance Hotel Management has opened its first airport hotel in Romania, Hilton Garden Inn Bucharest Airport, located inside Bucharest's Henri Coanda international airport, f...
Crosspoint Research: Apartment Sales in Bucharest Decline 15% in 1H/2019
Apartment sales in Bucharest dropped 15% in the first half of the year compared with the same period of 2018, to a total of 15,183 units, and the introduction of a 5% VAT rate for apartments...
C&W Echinox: Developers To Step Up Mall Openings in 2H
Deliveries of retail spaces will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country, of which 35,000 sqm i...
Hagag Starts Construction of EUR90M H Pipera Lake Residential Project
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, has started construction on the H Pipera Lake residential project in northern Bucharest, an investment estimate...
Ikea Set to Buy 8-Ha Land in Timisoara for New Store
Swedish furniture and home deco retailer Ikea is close to signing a deal to acquire a plot of land stretching onto 8 hectares in Timisoara, western Romania, for a future store.
CBRE: Real Estate Transactions Could Top EUR1B in 2019
The Romanian real estate market might top EUR1 billion in transactions this year, a level unmatched since 2014, as deals amounted to approximately EUR340 million in the first half of the yea...
StreamWIDE Relocates Bucharest Office to Timpuri Noi Square
StreamWIDE, a company specialized in the software and telecommunications industry, relocates its office in Bucharest in the Timpuri Noi Square project, joining the new IT hub created in the...