Real Estate
One United Properties Close To Signing Prelease Contracts For 40% Of Leasable Area Of One Tower Building
Real estate developer One United Properties, held by Andrei Diaconescu and Victor Capitanu, is on the verge of signing prelease contracts for nearly 40% of the leasable area of One Tower off...
Skanska Looking into Buying Plot Near Timpuri Noi Square
Sweden’s Skanska is looking into buying an about 8,000 square meter plot on Splaiul Unirii in Bucharest, kitty-corner to the Timpuri Noi Square project developed by Vastint, market sources s...
JLL: Developers Target Historical Buildings in Bucharest
Historical buildings in downtown Bucharest have become a new target for real estate developers as the availability of land for development in this area is extremely low, real estate consulta...
EUR1B Worth of Office Buildings and Malls For Sale in Romania
The increase in supply on the real estate market and the decline in investment yield towards 7% have led to a slight rise in the price of prime office space projects in Bucharest.
Liebrecht & wooD Romania: Bucharest Would Need at Least One More Outlet-Type Project
Fashion House Militari outlet, developed by Belgium’s Liebrecht & wooD group, posted EUR18.7 million sales in 2018, generated by its about 60 tenants. The sales were 15% higher than in 2017.
Mulberry Development CEO Designated 2018 Entrepreneur of the Year by EY
Ovidiu Sandor, CEO of real estate developer Mulberry Development, was designated the winner of the EY Entrepreneur Of The Year – Romania 2018 competition out of 43 contenders.
PORR Construct to Invest EUR100M in Two Hotels in Bucharest with Two Partners
Austria’s PORR Construct plans to enter the hotel market in Bucharest along with two partners and build two new four-star hotels as business travel is on the rise.
Government Approves RON2B Guarantee Budget for 2019 First Home Program
Romania's government on Tuesday approved a guarantee budget of RON2 billion this year's state-guaranteed First Home program for first time homebuyers.
C&W Echinox: Developers To Deliver 1.2 M Sqm of Industrial, Retail, Office Space in 2019
Investors plan to deliver industrial, retail and office spaces with a total area of 1.2 million square meters, a new market record, compared with new spaces of around 850,000 sqm delivered i...