Real Estate
Two Romanian Entrepreneurs Invested EUR10.5M In Residential Compound In Last 10 Years
Romanian entrepreneurs Ioana and Razvan Luca, who are developing the Class Park residential project in the town of Targoviste, have completed in 2018 the ninth apartment block of the compoun...
C&W Echinox: 250,000 Employees Work in Class A & B Offices in Bucharest
The number of employees in Class A and B offices in Bucharest reached around a quarter of a million at the end of 2017 , while the total number of employees in Bucharest exceeded the 1 milli...
CBRE Brokered Acquisition of Land for Bosch Washing Machine Factory in Romania
CBRE, one of the largest players on the real estate consultancy market, brokered the sale of the 42-hectare land that where the local division of Germany's BSH Hausgeräte GmbH, owned by Bosc...
Genesis Property Invests EUR1.5M In Outdoor Swimming Pool Within West Gate Business Park
Genesis Property, controlled by Romanian entrepreneur Liviu Tudor, invests EUR1.5 million in building an outdoor swimming pool within West Gate Business Park in western Bucharest.
CTP Starts Construction Works In CTPark Cluj II
CTP, developer and administrator of industrial and logistics parks, started construction works in CTPark Cluj II, located near Cluj-Napoca (north-western Romania), in Floresti locality, a pr...
Pernod Ricard Romania Moves HQ To Future Office Building Unirii View
Pernod Ricard Romania, one of the biggest spirits importers in Romania, has leased a surface area of 600 square meters of office space in Unirii View, a project due for completion in the sum...
Total Area Of Malls And Shopping Galleries In Romania Down In 2017
For the first time in the history of malls in Romania, the total area of malls and shopping centers, i.e. those centers that have a hypermarket or a supermarket as an anchor dropped in 2017,...
Brick Industry Sees Fifth Year Of Growth In A Row In 2017
The local brick market continued its growth in volume last year, a trend that has been visible in the past five years. In all, 2.82 million cubic meters of bricks were made in 2017, 7% more...
Broadhurst Plans To Develop Mixed-Use Project In Bucharest
Vel Pitar, the leader of the local bakery market and real estate company Romarta, both of which held by investment fund Broadhurst investments, plan to develop a mixed-use real estate projec...