Real Estate
Five Companies Own Two Thirds of Romania’s Industrial Space
CTP, WDP, P3, Logicor and Globalworth own more than 2.5 million square meters of industrial space out of a total stock of 3.8 million square meters, according to real estate consultant CBRE.
C&W Echinox Sees Valuation Volume Growing 25% This Year, to EUR5B
The valuations department of real estate consultancy firm Cushman & Wakefield Echinox evaluated properties with a cumulative value of EUR4 billion in 2018 and estimates 25% growth for this y...
RE/MAX Expands With Four New Franchised Offices In Capital Bucharest
Real estate agency franchise RE/MAX continues its expansion by opening four new offices in franchise, in capital city Bucharest, reaching 11 units and over 100 agents in Bucharest.
C&W Echinox Takes Over Management of Ethos House Office Building in Bucharest
Real estate firm Cushman & Wakefield Echinox was appointed to manage the Ethos office building in the Floreasca area in Bucharest, the firm said in a press release Thursday.
Developers To Build 200,000 Sqm of Offices, 3,000 Apartments in Bucharest Expozitiei Area
The Expozitiei area in northern Bucharest is looming as a major landmark on the city's office map as developers plan to build 200,000 square meters of offices and 3,000 homes in the area in...
Futureal's Cordia Romania Division Plans EUR100M Investments in Bucharest
Hungarian-held Futureal group, via its local division Cordia Romania, seeks to consolidate its Romanian presence by acquiring four land plots in northern Bucharest, where it plans to invest...
Canada’s Molson Coors Group, Bergenbier Owner, Leases 6,000 Sqm Within The Bridge Office Space Project
Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in Romania, has leased 6,000 square meters within the second phas...
Builder Octagon Files for Insolvency
Construction company Octagon Contracting&Engineering, one of the most active players on the local market, owned by Alexandros Ignatiadis and Paschalis Paganias, has filed for insolvency at t...
Dedeman’s Paval Brothers One Signature Away from Paying EUR100M for The Office in Cluj
Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Buchares...