Real Estate
Speedwell Builds Mixed-Use Compound in Cluj-Napoca for EUR42M
Belgian real estate developer has started work on Record Park, the first mixed-use urban regeneration project in Cluj-Napoca, in a EUR42 million investment.
Multinationals Consider Cities Of Less Than 300,000 People For Expansion
Most of the office space in Romania is concentrated in Bucharest, where the stock is rapidly approaching 3 million square meters, and Cluj, Timisoara, Iasi and Brasov, which will come close...
Onix Residence, Held By Mohammad Murad, Invests EUR32M In Residential Compound In Bucharest
Real estate developer Onix Residence, held by businessman Mohammad Murad, one of the largest hotel owners in Romania, said 600 apartments will be delivered in the first half of 2019, in Buch...
Architecture Office SMAA Invests EUR2M In Residential Compound In Northern Bucharest
Architecture office SMAA (Silviu Mihailescu & Asociatii Arhitectura) is launching a real estate development division and building a residential compound in northern Bucharest, in then Pipera...
Razoare Area In Bucharest To Attract EUR400M Real Estate Investment
The future Line 5 subway station Academiei in the Razoare area of Bucharest will attract about EUR400 million over the coming years as developers start and complete office space, residential...
3Z Residence Invests EUR10M In Residential Compound In Bucharest’s Unirii Area
Real estate developer 3Z Residence based in Piatra Neamt (north-eastern Romania) is building a residential compound made up of 66 luxury apartments, in Bucharest’s Unirii area. The overall i...
Restaurant Chain Calif-Condimental To Open Three Units Within Bucharest’s Globalworth Office Buildings
Restaurant chain Calif-Condimental, which currently has seven units under the two brands in capital Bucharest, will be opening three restaurants, in the first part of 2019, within office bui...
KPMG: Romania Remains an Attractive Real Estate Market for Investors
Romania remained an attractive real-estate market for existing and new investors in the CEE region, fueled by consumer demand and increasing purchasing power, with the retail and office sect...
Libra Internet Bank Relocates to Phoenix Tower in Bucharest
Libra Internet Bank will relocate its headquarters to the Phoenix Tower office building in Bucharest, citing growth in recent years and the need to brings its divisions under the same roof.