Real Estate
Colliers: 2018 Will Be A Turning Point For Office Space Segment
The volume of investments on the Romanian office space market could rise to EUR500 million in 2018, from EUR160 million in 2017, considering that 2018 is a turning point for this segment, re...
Sorin Visoianu Leaves Immofinanz Management after Eight Years
Sorin Visoianu, Immofinanz country manager of operations for Romania and Bulgaria, has left this position after eight years with the company.
NEPI To Start Construction Of EUR70M Shopping Mall In Sibiu In Spring 2018
South-African real estate investment fund New Europe Property Investments (NEPI) will start in spring the construction of Festival Centrum shopping mall in Sibiu, on the land of the former m...
C&W Echinox Assisted Property Deals Of Over EUR300M in Romania in 2017
Real estate services provider Cushman & Wakefield Echinox assisted property transactions in Romania totaling over EUR300 million in 2017, accounting for 30% of a total local property investm...
Lidl Relocates Employees To New Romanian HQ
Lidl has expanded its office space in Romania to nearly 15,000 square meters, as it relocated its local headquarters to a new building in the Aviatiei area (northern Bucharest) and the kept...
Hanner Starts Work on Mixed-Use Project on Former Grivita Brewery Site
Lithuanian-held real estate developer Hanner Holding has started work on the reconstruction and conversion of the three surviving buildings on the former Grivita brewery site in Bucharest in...
Eurobank Property Services: Housing Prices In Romania Keep Upward Trend, Rising 6.6% On Year In 4Q/2017
Prices on the residential market kept an upward trend in the last quarter of 2017 too, seeing an increase of 0.3% quarter-on-quarter and of 6.6% year-on-year, according to Eurobank Property...
AFI Europe Starts Construction Of AFI City Residential Project In Bucharest
Israeli real estate investment group AFI Europe, which strengthened its foothold on the Romanian market through shopping malls and office buildings, will start in the next two months the fir...
JLL: Each New Lease on Bucharest Office Market Created 130 Jobs in 2017
Each new office leasing contract signed in Bucharest in 2017 created at least 130 new jobs. The Dimitrie Pompeiu area and south sub-markets made the top with more than 200 new jobs per trans...