Real Estate
Firms With Former HQ In Spaces Other Than Modern Buildings Make Up A Third Of New Office Space Demand In 1Q/2018
Companies leased nearly 70,000 square meters of office space in capital Bucharest in the first quarter of 2018, and a third of demand came from firms whose former headquarters were located i...
CTP Builds New Warehouse For Arctic, Faurecia Plant Extension
CTP, the largest developer and manager of premium industrial and logistics parks in Romania and Central and Eastern Europe, is developing a 20,000 square meter warehouse for home appliances...
Summer Of 2019, Turning Point For Office Space Market In Bucharest
The year 2019 could be a turning point on the office space market, with so many office buildings scheduled for delivery it will have to absorb, says Fadi Rida, general manager of building ef...
RE/MAX Extends In Romania With Three New Offices In Cluj, Timisoara, Focsani
Real estate agency franchise RE/MAX has continued its expansion in Romania, by opening three new offices in franchise, in the cities of Cluj-Napoca and Timisoara and in the town of Focsani.
Romania Sees 58,713 Real Estate Deals In March 2018
The number of real estate deals in Romania stood at 58,713 in March 2018, 1,090 more than in the same period in 2017, according to the national cadaster agency ANCPI.
PwC: Romania Real Estate Transactions Top EUR1B In 2017
Romania’s transactions market reached a record high in 2017 and the real estate sector in particular saw a positive trend, with the total value of transactions exceeding EUR1 billion, up ove...
Immofinanz 2017 Rental Income In Romania Reaches EUR49.8M
Austrian-held real estate developer Immofinanz registered rental income of EUR49.8 million from its 15 properties in Romania, in 2017, accounting for 21.2% of the group’s overall rental inco...
Zitec Moves From Phoenix Tower To Timpuri Noi Square
Zitec, one of the leading online applications providers in Romania, has signed a contract with Vastint, the real estate division of Inter IKEA group, to move its more than 190 employees from...
Major Developer Scraps Office Building Plans, Builds Apartments Instead
The rising demand for homes in Bucharest along with the fierce competition on the office space market in the west of the city has made Gran Via drop plans to construct an office building in...