Real Estate
Slabbert, Prime Kapital: Iasi Is The New Cluj
Iasi has the second highest growth potential after Cluj over the coming period, and the IT sector is a strong driver in that regard, says Martin Slabbert, cofounder and CEO of real estate de...
Mall Country: Romania Went From Zero To 123 Malls In 20 Years
The past two decades brought a stock of 123 retail projects in Romania, the history thereof started in 1999, when Turkish-held real estate developer Anchor Grup opened Bucuresti Mall in Vita...
Finland's Peikko Acquires Factory Premises Near Bucharest, Starts Production in 2019
Finnish company Peikko Group Corporation, a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ applications, has acquired large factory p...
Developers To Deliver 700,000 Square Meters Of Office Space In Bucharest In The Next Two Years
Almost 10% of the employees in Bucharest work in the IT or related sectors such as telecom and the expansion of their employers will occupy a significant part of the office space to be built...
Veranda Mall Owner Expects EUR10M Sales Until 2020, Higher By EUR2M Vs 2018
Andrei Pogonaru, the owner of the Veranda shopping center in Bucharest’s Obor area, said he expects the shopping mall to generate sales of EUR10 million until 2020. In 2018, sales are estima...
Real Estate Market Picks Up The Pace In Q4
Deals involving office space projects and plots of land for development picked up the pace in the fourth quarter, and the top three such deals stood at almost EUR140 milion, according to ZF’...
Garanti Bank Romania Extends Lease Contract At Bucharest’s Novo Park By Five Years
Garanti Bank Romania has extended by five years its lease contract in business park Novo Park located in Bucharest’s northern area of Pipera.
Revetas Buys Landmark Office Space Project From Piraeus Bank
Piraeus Bank sold the Landmark office space project in Bucharest’s Romana Square to investment fund Revetas Capital. According to ZF’s calculations this should be a EUR60 million to EUR70 mi...
CBRE: 15 Office Space Projects To Be Completed, Over 340,000 Sqm To Be Delivered In 2019
The office space market kept developing at a fast pace in 2018, being boosted both by an increase in consumption, which triggered the expansion of many companies, and by a decrease in surfac...