Real Estate
Number Of People Working In Modern Office Buildings In Bucharest Reaches 250,000
The number of corporate employees in Bucharest has gone up by 70,000 to 250,000 in the past five years, so now there are more corporate employees in Bucharest than the entire population of t...
Residential Developers Sell Smaller Apartments Than Required By Law
A number of residential complexes in Bucharest are offering apartments below the minimum requirements of the law in terms of usable area
Property Investment in Romania Reaches Nearly EUR1B in 2017
Property investment volume for Romania stood at an estimated EUR1 billion in 2017, around 10% higher compared with 2016 (EUR890 million), JLL Romania said in a press release Thursday.
Bogdan Voica Takes Over As Head Of Coldwell Banker Romania
Bogdan Voica, a real estate consultant boasting an experience of over 15 years on the Romanian real estate segment and in the region, is taking over as head of Coldwell Banker Romania, after...
JLL: Romanian Industrial And Logistics Take-Up Hit New Record In 2017
Romanian industrial and logistics gross take-up increased nearly 15% in 2017, to over 525,000 square meters, hitting a new record level, JLL said in a press release Monday.
Petre Niculae Developing 2,200 Homes Near Plaza Mall And Cora Lujerului In Bucharest
Petre Niculae, the entrepreneur behind Bucharest-based real estate developer Pedro Company is building more than 2,200 apartments in the city’s sector 6, near the Plaza Romania mall and Cora...
CTP Plans To Deliver Over 300,000 Sqm of Logistic Space in 2018
CTP, developer and administrator of industrial and logistics parks, plans to deliver over 300,000 square meters of logistical spaces in Romania this year, of which 236,000 sqm in three logis...
Almost 40 Former Industrial Sites In Bucharest Redeveloped Into Stores And Office Buildings
Almost 40 former industrial sites that used to make electronic components, bread or mechanical parts have been gradually replaced by shopping centers from supermarkets and hypermarkets to ma...
Housing Prices in Romania 31.5% Lower in 4Q 2017 Than End-2007
Although they recouped a large part of the decline recorded during the time of economic recession, housing prices in Romania were 31.5% lower on average in the last quarter of 2017 than in t...