Real Estate
Top Ten Real Estate Deals In Romania Amount To Almost EUR1.4B
The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments.
EREN Group To build EUR11M Residential Project in Brasov
Primo-Pin and Eren Cons, both part of construction group EREN, will develop a residential project in Brasov, central Romania, a EUR11 million investment.
Bucharest Hotel Capacity Seen Rising By At Least 10% In Next Three Years
The hotel capacity in capital city Bucharest is seen rising by at least 10% in the next three years, considering the hotel projects planned or under construction, with new hotels to be devel...
Prices Of Old Three-Room Apartments Down In Bucharest In February
The higher supply after winter holidays, the rise in ROBOR to more than 2% and the depreciation of the leu against to the euro are the reasons that halted the increase in old three-room apar...
Romania Sees 50,756 Real Estate Deals In February 2018
The number of real estate deals in Romania stood at 50,756 in February 2018, 2,189 more than in the same period in 2017, according to the national cadaster agency ANCPI.
Study: IT&C Firms Dominate Ranking Of Sectors Leasing Or Pre-leasing New Office Space In 2017
IT&C companies dominate the ranking of sectors which leased or pre-leased new office space in 2017, accounting for 51% of the overall surface area of all contracts. The IT&C firms are follow...
Globalworth Portfolio Nears EUR2B Threshold; Projects Topped EUR1.8B End-2017
The portfolio of investment fund Globalworth, run by Greek businessman Ioannis Papalekas, reached EUR1.815 billion and registered rental income of nearly EUR116 million on December 31, 2017,...
Globalworth Buys Land for Two Office Buildings in N Bucharest
Globalworth Real Estate Investments Ltd., the leader of the office building market in Romania, has bought two plots of land in northern Bucharest for around EUR16 million and plans to erect...
NEPI Rockcastle Buys Shopping Center in Sibiu for EUR21M
NEPI Rockcastle, leader on the retail real estate market in Central and Eastern Europe, has acquired the project for a shopping center to be built in Sibiu from Primavera Development Group f...