Real Estate
Israeli Group Villar Invests EUR11M In Residential Project In Herastrau Park Area
Israeli group Villar, the real estate developer which had built Vitan Business Center and Dorobanti Office Building, invests EUR11 million in a residential project in Bucharest’s Herastrau P...
Atrium Completes Militari Shopping Center Sale to MAS Real Estate, Exits Romania
JLL has advised Atrium European Real Estate Ltd. (Atrium) on the sale of Militari Shopping Center in Bucharest, Romania, to MAS Real Estate, for EUR95 million. The transaction, signed in Apr...
Romania Sees 48,500 Real Estate Deals in June
The number of real estate deals in Romania stood at 48,581 in June, 96 more than in June 2017, according to the national cadastre agency ANCPI.
Romania Housing Prices Growth Rate Slows Down in H1/2018
Housing prices in Romania have slowed in the first half of the year, with a 3.1% growth in asking prices compared with 6.7% growth registered in the same period last year, a report by real e...
Profi Expands Warehouse in Logicor Ploiesti Logistical Center
Profi Rom Food SRL, the company that operates the Profi supermarket chain in Romania, will be expanding its distribution warehouse in the logistical park Logicor Ploiesti by approximately 20...
Romanian Retail, Office, Industrial Space Deliveries Grow 53% in 2018
Romania's real estate market registers significant growth as deliveries of retail, office and industrial spaces announced for 2018 are 53% higher compared with 2017, according to a report by...
Orbis Group Buys Mercure Bucharest Unirii Hotel for EUR11.35M
Polish hotel group Orbis, which owns the largest hotel chains in Poland and Central and Eastern Europe, bought the Mercure Bucharest Unirii hotel for EUR11.35 million, the company said in a...
CBRE Profit Grows 50% in 2017, to EUR1.5M
Real estate consultancy firm CBRE reported revenues of EUR12.6 million for 2017 and a 50% rise in net profit to around EUR1.5 million, the company said Monday.
AFI Buys 4 Ha of Land In Bucharest for Expansion
Israeli-owned real estate developer AFI Europe has acquired a plot of land of 43,000 square meters in the vicinity of its shopping mall and office development in Bucharest for EUR23 million.