Real Estate
Old Three-Room Apartment Price Up Again In Bucharest
Old three-room apartments in Bucharest saw a EUR950 or 1.1% increase in average price in April compared with March.
RE/MAX: Most Lands Traded In Romania Target Residential Projects
The bulk of lands traded in Romania (85%) target residential projects and 70% of buyers are real estate developers, according to an analysis by real estate platform Wizmo.ro and RE/MAX Grup...
Timisoara To Host Tallest Office Building In Romania
Works on the tallest office building in Romania are starting in western city of Timisoara. The building will have a height of 155 meters and 27 storeys.
Atrium European Real Estate Sells Militari Shopping Center for EUR95M, Exits Romania
Atrium European Real Estate Limited announced Friday it has entered a deal to sell Atrium Militari Shopping Center in Bucharest to MAS Real Estate for EUR95 million and is thus exiting the R...
Magazinul Bucuresti Owner To Refurbish And Convert It Into Office Building
The building that used to house Magazinul Bucuresti (Bucharest department store) in Bucharest’s old Town is undergoing refurbishment, a process due for completion early next year, with the i...
Polish Hotel Group Orbis Officially Opens Its First ibis Styles Hotel In Romania
Polish hotel group Orbis Group, the Eastern European partner of French group AccorHotels, a world leader in hotels and tourism, has officially opened its first three-star ibis Styles hotel i...
Turkish Car Parts Maker Opsan To Open Its First Factory In Romania, In CTPark Pitesti
Turkish car parts manufacturer Opsan will be opening its first factory in Romania, in industrial park CTPark Pitesti. The future building will be constructed by a real estate developer espec...
Nordis Invests EUR2.5M In Its Fourth Residential Project, In Baneasa
Nordis group of firms, established by real estate consultant Emanuel Postoaca, invests EUR2.5 million in its fourth project under its own brand, called Nordis Residence Privighetorilor, in B...
Wallberg Properties Finishes Construction Of 83 Apartments In Brasov, To Build 97 More Within Sunnyville
After selling 81 out of 83 apartments of the first stage of the project, real estate developer Wallberg Properties intensely readies construction works on the second stage of the project, th...