Real Estate
Skanska And Prime Kapital Discuss Splitting GRIRO Site
One of the largest deals on the Bucharest real estate market, which involves the site of a former communist plant, is taking shape, as GRIRO, held by businessmen Nicolae Badea and Fatih Tahe...
C&W Echinox: 90% of Industrial and Logistics Stock Condensed in Cities with Highway Access
The stock of industrial and logistics spaces in Romania reached 3.42 million square meters at the end of the third quarter, almost 90% of which being located in Bucharest, Timisoara, Cluj-Na...
Thales Romania Relocates to Orhideea Towers
Thales Romania, the local subsidiary of the French designer and builder of electrical systems and provider of services for the aerospace, defense, transportation and security markets, has le...
One United Buys 5.3 Ha Plot And Office Building From Immofinanz For EUR39M
Real estate developer One United Properties, held by Andrei Diaconescu and Victor Capitanu, has bought the former 5.3-hectare site of the Ventilatorul plant in Bucharest and an office buildi...
Owner Of Aro Palace Hotel Sells Company’s Administrative HQ For EUR1.2M
Aro-Palace Brasov, the company that owns one of the largest five-star hotels outside capital Bucharest, in October sold the administrative headquarters for EUR1.2 million, and a retail space...
Colliers: Bucharest Office Market Up 18% In 3Q/2018
Bucharest’s office space market registered a total volume of lease transactions of 73,500 square meters in the third quarter of 2018, of which the net take-up targeted 20,400 sqm, half the l...
Metro Leases Over 58,000 Sqm Of Logistics Space Within Project Developed By Belgium’s WdP In N Bucharest
German group Metro Cash&Carry continues the consolidation process of its distribution activities on the Romanian market, by leasing over 58,000 square meters within a project developed by Be...
OTP Bank Romania Funds First Private Industrial Park in Craiova, S Romania
Lender OTP Bank Romania is lending EUR28 million to property developer Zacaria for the first private industrial park in Craiova, southern Romania, the bank said Monday.
Housing Price Growth Slows Further in 3Q
The growth rate of housing prices in Romania has slowed further in the third quarter of 2018, with fewer transactions recorded countrywide, according to a housing market report by Imobiliare...