Real Estate
Gameloft, Ubisoft Looking at Future Offices Developed by Portland Trust
Software companies are looking into the opportunity of relocating to the north-west part of Bucharest, near the Jiului metro station, where developer Portland Trust bought the Pajura platfor...
eMag Seeks to Sell Warehouse Near Bucharest for EUR80M
eMag Group, the biggest online retailer in Romania, is looking to sell its warehouse in Joita, south of Bucharest, to an investment fund and remain a long+term tenant, sources on the market...
Kaufland Opens Its Fourth Store In Cluj-Napoca; Reaches 126-Unit Network In Romania
German-held retailer Kaufland will be opening its fourth store in Romania’s north-western city of Cluj-Napoca, on Thursday (June 6), reaching 126 units in Romania.
Prime Kapital Seeks To Speed Up Development Of Avalon Project In Pipera
Real estate developer and investment firm Prime Kapital, established by two of former managers of NEPI Rockcastle, plans to speed up the development of the Avalon Estate residential project,...
Dedeman Group, Element Industrial Jointly Develop Eli Park 1 Logistics Project
Dedeman Group and Element Industrial said they had signed a partnership through which they will be jointly developing the Eli Park 1 project located in Chitila-Buftea area, according to a pr...
NEPI Rockcastle Bets On Seven New Retail Projects In 2019, Of Which Four In Romania
Investment fund NEPI Rockcastle, the largest shopping mall owner in Romania and a leading player in Central and Eastern Europe (CEE), officially targets seven new real estate projects in 201...
Government Changes First Home Program, Introduces Fixed Interest on Mortgage Loans
Romania's government backed mortgage lending program for first time homebuyers will be changed as of late June under a draft emergency government decree published at the end of May.
Israel’s Hagag Looking to Buy Bucharest Financial Plaza Building
Israel’s Hagag group is looking to buy the Bucharest Financial Plaza from Banca Comerciala Romana, a landmark building on Calea Victoriei in Bucharest, built by the now defunct Bancorex in t...
CBRE: Real Estate Investments In Romania Reach EUR117M In 1Q/2019
The volume of real estate investments in Romania reached EUR117.5 million in the first quarter of 2019, similar with the level recorded by Hungary (EUR123 million), but below the level recor...