Real Estate
Eurostat: Romania, Latvia Record Third Highest House Price Increases in 2Q
Romania ranked third in the European Union, alongside Latvia, by house price increases in the second quarter compared with the first quarter of 2018, with +3.1%, Eurostat data showed Friday.
Auchan To Open Supermarket In Bucharest's Liberty Center
French retailer Auchan will be opening a supermarket within Liberty Center shopping mall in Bucharest’s district 5. The new store will cover over 3,600 square meter and will be located on th...
Ursus Breweries Leases Hall Within CTPark Cluj ll Logistics Park
Brewer Ursus Breweries has leased an 8,000-square meter hall within CTPark Cluj ll logistics park located in Floresti, near Cluj-Napoca. This is the second partnership between the two compan...
DB Schenker Relocates to New Terminal in CTPark Bucharest West
DB Schenker, one of the largest operators of transport and logistical services, will relocate its activity by the end of the year to a new terminal of 21,000 sqm in CTPark Bucharest West (CT...
Mixed-Use Project On Former Grivita Brewery Site Expected To Be Completed In 2020
The project for the reconstruction and conversion of the former Grivita brewery site, called Fosta Fabrica (The Former Plant), also known as Luther factory, received all the necessary permit...
ESOP Consulting: Boutique Office Building Market On Upward Trend In Bucharest
The boutique office building market is on upward trend, with deliveries of boutique office space seen rising to nearly 32,000 square meters in 2018, in eight new buildings, compared with 14,...
Orbis Group To Open Its First Hotel In Timisoara, Under Mercure Brand, In 2019
Poland's Orbis Hotel Group, a strategic partner of AccorHotels in Eastern Europe, will be opening in 2019 its first hotel in Timisoara (western Romania), under the Mercure brand, after signi...
One United Properties Starts Works On Premium Residential Project In Mamaia Nord Area
Real estate developer One United Properties, the owner of several office and residential buildings in capital city Bucharest, will start works on Neo Mamaia, a compound of premium apartments...
Enel Energie Relocates Timisoara HQ to Office Building in Openville Complex
Power utility Enel Energie has relocated its headquarters in Timisoara, western Romania, to the United Business Center 1 (UBC 1) office building in the EUR220 million Openville mixed-use dev...