Real Estate
Genesis Property Invests EUR1.5M in Outdoor Swimming Pool in West Gate Office Park
Genesis Property, controlled by local entrepreneur Liviu Tudor, has completed work on a EUR1.5 million investment in an outdoor swimming poll within the West Gate office compound in Buchares...
Globalworth Posts 135% Operating Revenue Growth in 1H, to EUR51M
Globalworth Real Estate Investments, the largest office building owner in Romania and the main investor on the office market in Central and Eastern Europe, had operating revenues of EUR51.7...
Two Entrepreneurs Invest EUR70M In 1,000 Apartments In Mogosoaia, Near Bucharest
Businessmen Cristian Erbasu and Daniel Piturlea have started work on a 1,000-home residential complex in Mogosoaia, near Bucharest this month. The investment amounts to EUR70 million.
Mihaela Pana, C&W Echinox: 6-7 Projects On Premium-Luxury Residential Segment To Start In 2018-2020
At least six-seven projects on the premium-luxury segment in capital city Bucharest will start in 2018-2020, with 170 new housing units in very good areas, without considering the project On...
Franke Owner Michael Pieper Has Invested EUR25M In Real Estate In Romania
Swiss-held Artemis, which has five industrial parks near Timisoara is investing more than EUR5 million in the expansion of the Sanandrei park with a 7,500 square meter building across the st...
Immofinanz Drops Plans For Mall In Brasov
Austrian-held real estate developer Immofinanz has dropped plans to build Stop Shop shopping center in Brasov due how long it took to secure the construction permit.
Colliers: Modern Office Space Stock May Reach 6 Mln Sqm In Next Ten Years
The modern office space stock could reach 6 million square meters in the next ten years considering that currently, both Bucharest and other regional towns face a low development level relat...
Dunwell Brokers Deals Of Over 13,000 Sqm In Summer Of 2018, Eyes 10% Market Share By Yearend
Dunwell agency, which specializes in industrial real estate and land brokerage and was founded in 2017 by Marian Orzu, Daniel Cautis and Laurentiu Badea, has completed in the summer of 2018...
C&W Echinox: Office Stock in Major Cities Doubled in 5 Years, Will Top 5M Sqm in 2019
Office stock in Romania's major regional cities - Cluj-Napoca, Timisoara, Iasi and Brasov - has doubled in the past five years and will continue to grow at a fast pace, exceeding the 1 milli...