Real Estate
CBRE: Bucharest Office Space Market Continues Accelerated Growth; To See 15 New Projects In 2019
Bucharest office space market keeps growing at a fast pace, with 15 new projects of over 300,000 square meters being announced for 2019. Currently, 50% of the total surface area to be comple...
Colliers: Some Companies Want to Relocate from India and Philippines to Bucharest
The office space market in Bucharest has entered the radar of the major investors as more and more companies have been opening local divisions, and new projects under construction are taking...
Workspace Studio Carried Out EUR5.3M Worth Of Office Fitting Projects In 2018, 30% More On Year
Workspace Studio, a company specialized in fitout solutions and office furniture oriented towards human–centered ergonomic design, carried out office fitting projects worth EUR5.3 million in...
Austria’s Real Estate Developer Supernova Enters Romanian Market With Project In Sibiu
Austrian group Supernova, leader in the development and management of shopping malls and retail parks in Slovenia and Croatia, is entering the Romanian market and will be developing its firs...
AFI to Start Construction of EUR40M Retail Park in Arad
Real estate developer AFI Europe, which owns the AFI Cotroceni mall in Bucharest among others, says it will begin construction of a retail center in Romania by yearend.
Developer Cavar Builds 600 Apartment Complex In Southern Bucharest
The Cavar group held by the Cojocar family is currently building almost 200 apartments at the intersection of Constantin Brancoveanu Blvd and Turnu Magurele Street and wants to expand the co...
Developer: When Buying a Home Is 20% Cheaper than Paying Rent for It, There’s No Reason for Crisis
Lucian Azoitei, real estate developer and shareholder of Forty Management & Investments, is currently working on a 200 apartment project near the Titan Park in eastern Bucharest.
Eurostat: House Prices In Romania Lower In 3Q/2018 Versus Previous Quarter
House prices in Romania fell in the third quarter of 2018, compared with the previous quarter, but grew 1.5% in the European Union, Eurostat, the statistical office of the European Union, sa...
C&W Echinox: Colosseum Expansion – Largest Retail Development in Bucharest in 3 Years
The expansion of the Colosseum commercial center in the north-western part of Bucharest is the largest, retail development in Bucharest during the last three years, a period during which the...