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Hagag Development Gets Building Permit for Downtown Bucharest Residential Project
Real Estate

Hagag Development Gets Building Permit for Downtown Bucharest Residential Project

Hagag Development Europe, part of HAGAG Group of Israel, was granted a building permit for its H Victoriei 139 residential project in downtown Bucharest and will spend EUR10 million on conso...

Oana Gavrila · 19.02.2019 · 13:05 · 1 min
Globalworth Completes Construction Of Renault Bucharest Connected
Real Estate

Globalworth Completes Construction Of Renault Bucharest Connected

Real estate developer Globalworth, the leading investor on the office space office market in Central and Eastern Europe, has completed the construction of Renault Bucharest Connected (RBC),...

Ecaterina Craciun · 18.02.2019 · 15:21 · 1 min
CBRE: Realty Deals At EUR940M In 2018, Similar With 2017 Level; Office Space Segment The Most Dynamic
Real Estate

CBRE: Realty Deals At EUR940M In 2018, Similar With 2017 Level; Office Space Segment The Most Dynamic

Real estate transactions completed in 2018 reached EUR940 million, similar with the level registered in 2017, but 30% higher than the level recorded in 2016, being the fourth consecutive yea...

Ecaterina Craciun · 18.02.2019 · 12:51 · 2 min
Local Entrepreneur Invests EUR10M in Residential Project in Bucharest
Real Estate

Local Entrepreneur Invests EUR10M in Residential Project in Bucharest

Local entrepreneur Alexandru Tiron will invest EUR10 million in a residential project in the western area of Bucharest, the first stage of which is set to be delivered at the end of this yea...

Oana Gavrila · 18.02.2019 · 12:49 · 1 min
Metro Cash & Carry To Triple Logistics Space
Real Estate

Metro Cash & Carry To Triple Logistics Space

Metro Cash & Carry store chain plans to almost triple logistics area once the new platform now under construction in Stefanestii de Jos near Bucharest has been completed.

Loredana Frățilă-Cristescu · 15.02.2019 · 09:47 · 1 min
Mindspace Opens Co-Working Space in Globalworth Campus in Bucharest
Companies

Mindspace Opens Co-Working Space in Globalworth Campus in Bucharest

Mindspace, an Israel-based global provider of co-working spaces, has opened its first co-working center in Romania, in the Tower 1 building in Globalworth Campus in Bucharest.

Oana Gavrila · 14.02.2019 · 14:14 · 1 min
JLL: Bucharest Office Vacancy Rate AT All-Time Low in 2018
Real Estate

JLL: Bucharest Office Vacancy Rate AT All-Time Low in 2018

The vacancy rate on the Bucharest office market dropped to an all-time low of around 6.6% in 2018, compared with 9.2% at the end of 2017, amid lower development activity compared to the dema...

Oana Gavrila · 14.02.2019 · 10:43 · 2 min
Dutch Remon Vos Becomes Largest Owner of Logistics Space in Romania
Real Estate

Dutch Remon Vos Becomes Largest Owner of Logistics Space in Romania

Industrial and logistics space developer CTP, held by Dutch entrepreneur Remon Vos, has reached one million square meters of logistic and industrial space only five years from arriving in Ro...

Loredana Frățilă-Cristescu · 14.02.2019 · 09:53 · 1 min
Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub
Real Estate

Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub

Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the context in which Bucharest’s city belt already has two...

Ecaterina Craciun · 12.02.2019 · 18:01 · 1 min