Real Estate
Prime Kapital To Develop Avalon Estate, Its First Residential Project In Romania
Prime Kapital, a regional real estate developer established by four former top executives of South-African real estate investment fund New Europe Property Investments (NEPI), will be develop...
Three-Room Apartment Prices Up Again In May
Old three-room apartments in Bucharest saw a rise in the average price to more than EUR90,500 in May, going over EUR90,000 for the first time since the summer of 2010, shows the ZF real esta...
Bucharest’s West Gate Extends Lease Contract With PPD Romania By Five Years
Office space park West Gate located in western Bucharest and held by Genesis Development, a company controlled by local entrepreneur Liviu Tudor, has extended the lease contract with the Rom...
C&W Echinox Appraised Over 700 Properties Worth EUR3.1B In Romania In 2017
Real estate consulting firm C&W Echinox appraised over 700 properties in Romania, worth a total EUR3.1 billion, in 2017 and expects a 33% increase in the volume of appraisals, towards the EU...
Dunwell And VGP Finalize One Of Biggest Land Transactions In Romania
Dunwell agency, which specializes in industrial real estate and land brokerage, and industrial park developer VGP have recently finalized a transaction targeting 230,000 square meters of lan...
Businessman Ionut Dumitrescu Enters Logistics Space Market, Unveils EUR25M Project In Chitila
Element Industrial, a real estate developer founded by businessman Ionut Dumitrescu and focusing on logistics projects, has recently entered the logistics space market and announced its firs...
Nova Imobiliare Unveils EUR30M Investments In Colosseum Mall Project
Nova Imobiliare, which developed Colosseum Retail Park in north-western Bucharest, on Tuesday said it will invest EUR30 million in the Colosseum Mall project and in expanding the existing re...
Colliers: Cluj-Napoca And Timisoara Attract Over A Third Of Demand For Logistics Space
A total 73,000 square meters of modern industrial and logistics space was leased in the first quarter of 2018, of which two thirds in capital Bucharest (66%) and the remaining 34% in Cluj-Na...
Immofinanz Reports EUR11.9M Rental Income From Its Romanian Properties In 1Q/2018
Austrian-held real estate developer Immofinanz registered rental income of EUR11.9 million from its office buildings and retail properties in Romania, in the first quarter of 2018, accountin...