Real Estate
C&W Echinox: Office Transactions Hit EUR95M in Romania in 2018
Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the Romania Investment Marketbeat report launched Tuesday by Cus...
CBRE: Bucharest Sees 66% Surge In Employee Numbers In IT&C Industry In Last Ten Years
Over the last ten years, Romania's capital city Bucharest has seen a 66% surge in the number of employees in the IT&C industry, to more than 70,000 professionals working in the sector, accor...
AFI Europe Signs Non-Binding EUR60M Bid for Casa Radio in Bucharest
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has signed a non-binding letter of intent with Plaza Centers N.V. To acquir...
Daimler Builds EUR20M Logistics Center Near Bucharest
Germany’s Daimler, owner of the Mercedes-Benz brand and of the transmissions plant in Sebes in Romania, plans to develop a logistics platform in Chitila, NW Bucharest, market sources say. Me...
Sale of The Office in Cluj-Napoca Attracts Interest from Ion Tiriac and Paval Brothers
NEPI Rockcastle and Ovidiu Sandor, the owners of The Office project in Cluj-Napoca, are in talks with several investors to sell it, among whom Ion Tiriac and the Paval brothers, real estate...
C&W Echinox: Land Transactions in Bucharest Hit New Record in 2018
Developers and real estate investors completed land acquisitions with a cumulative value of around EUR245 million last year in Bucharest, a new record for the past ten years, real estate con...
Developer CTP Built Plant for Opsan and Warehouse for Arctic Near Pitesti
CTP, a developer of logistics and industrial space will soon complete construction of the Opsan plant near Pitesti and has already built the 20,000 square meter warehouse for home appliances...
Alexandru Mitrache Promoted Head of Transactions – Land & Investment at C&W Echinox
Cushman & Wakefield Echinox announced Tuesday it is strengthening its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions - Land & Investment.
Morgan Stanley Looking into Buying Hermes Business Campus in Bucharest
Morgan Stanley Real Estate Romania, the local division of the US group, is looking into the acquisition of the Hermes Business Campus office complex in Dimitrie Pompeiu area in the north of...