Real Estate
Impact Buys 4,000-Sqm Land Near Greenfield Residential Compound For EUR655,500
Real estate developer Impact Developer & Contractor (IMP.RO), controlled by businessman Gheorghe Iaciu, has acquired a plot of land of nearly 4,000 square meters near Greenfield residential...
Ranking Of Biggest Office Space Deals: Bucharest, Cluj And Timisoara Put Romania On Investors’ Map
The new demand for office space accounts for nearly half, or 49%, of the total lease activity in the third quarter of 2017 in capital Bucharest, according to a report by real estate consulti...
Globalworth Buys Two Lands In Bucharest In EUR16M Investment
Real estate developer Globalworth, the biggest office space owner in Romania, has bought two lands in Gara Herastrau – Barbu Vacarescu area in capital Bucharest, the most developed office po...
Catinvest Readies Orhideea Shopping Center For New Customers From Office Buildings In The Area
French-held Catinvest is working on a plan to expand the Orhideea shopping center located at the heart of the hottest office space area in Bucharest. The intention is to remodel it to meet t...
Logistic Property Developer P3 Buys 17 Ha Of Land To Extend Storage Capacity
P3, developer of logistic properties, on Wednesday said it acquired over 17 hectares of land in the vicinity of P3 Bucharest park (in Ciorogarla area, on Bucharest beltway), with the purpose...
JLL Advised On Sale Of Radisson Hotel Complex, A EUR169.2M Deal
Real estate consulting firm JLL represented Elbit Imaging in the process of selling 98.2% of the shares of Radisson hotel complex in capital Bucharest, for EUR169.2 million, to a consortium...
AFI Europe Gets EUR22M Loan from Bank Leumi To Fund AFI Tech Park Office Project
Property developer AFI Europe Romania has signed a loan agreement with Bank Leumi Romania for EUR22 million to develop the first stage of its AFI Tech Park office project in Bucharest, the c...
Kuka Systems Wants To Double Romanian Team, Leases New Production Space In Network Industrial Park Sibiu
German company Kuka Systems has leased a space of over 10,000 square meters in Network Industrial Park in Sibiu (central Romania), an industrial project of real estate developer Zacaria. The...
Romanian Property Appraisal Market Grew 7% in 2017
The Romanian appraisal market increased by around 7% on the year in 2017, according to estimates of the national association of licensed appraisers ANEVAR.