Real Estate
Bucharest Office Market Ends 2017 With Over 170 Transactions, Close To 2016 Record High
The Bucharest office market registered over 170 transactions of Class A and B buildings, with a total 310,000 square meters, which is close to the record high posted in 2016, according to Kn...
Entrepreneur Ovidiu Sandor: We Are Looking At New Plots Of Land For Future Projects In Big Cities
The political situation in Romania in recent months has tempered the enthusiasm of customers and real estate developers and those who are buying now pay more attention to the exchange and in...
RE/MAX Romania Turnover Up 30% in 2017, to EUR2M
Real estate agency franchise RE/MAX Romania brokered over 1,500 deals in 2017, 50% more than in 2016, and its turnover from commissions grew 30% on the year, to over EUR2 million.
Globalworth Looking To Buy Office Buildings In Major Cities Of Romania
Globalworth Real Estate Investments Limited, the leader of the office building market in Romania, is considering expanding acquisitions to the big cities of Romania and the talks with NEPI R...
KPMG Relocates Timisoara HQ To Office Space Project ISHO; Takes Occupancy Rate To Over 80%
Audit and fiscal consulting firm KPMG is moving its headquarters in Timisoara (western Romania) to office space project ISHO developed by businessman Ovidiu Sandor. Besides KPMG, German serv...
Battle For EUR100M Contracts Begins As 15 Companies Could Lease Over 100,000 Sqm Of Office Space In 2018
Some of the largest companies in Romania are considering relocating to new offices and demand may be as high as 100,000 square meters, translating into five-year contacts that should generat...
Government Approves RON2B Budget For 2018 First Home Program
Romania's government on Wednesday approved the 2018 edition of the state-guaranteed First Home program for first time homebuyers with a total guarantee budget of RON2 billion.
S Immo: We’re Looking At The Market To Develop New Office And Retail Schemes In Bucharest
Austrian-held S Immo AG still wants to develop on the Romanian market, especially on the office space segment, as well as on the retail segment, says Friedrich Wachernig, member of its board...
Microsoft Seeks 20,000 Sqm Offices For Bucharest HQ
Microsoft has launched a tender to consolidate its Bucharest offices in a new space, seeking to rent 20,000 sqm of modern office space for around EUR3 million a year, sources on the market s...