Real Estate
One United Properties Buys North Gate Pipera
One United Properties of Andrei Diaconescu and Victor Capitanu, two of the founders of boutique investment bank Capital Partners (now BT Capital Partners) bought the North Gate Pipera office...
Impact Developer&Contractor To Buy Plot In Promenada Area To Develop New Residential Compound
Real estate developer Impact Developer & Contractor (IMP.RO), which developed the Greenfield project in the vicinity of Bucharest Zoological Garden, wants to buy a plot of land in the Promen...
Embassy Of China Pays EUR4M For Building In Downtown Bucharest To Establish Cultural Center
The Embassy of China has bought a six-storey building in downtown Bucharest, in a transaction worth EUR4 million, where it will establish a cultural center.
C&W: Romanian Office Stock Unchanged in 3Q, Occupancy Rises
Office developers delivered no new stock in Bucharest in the third quarter but tenants increased their leased office areas by a total 68,000 square meters, 5% more than in the same period la...
Survey: Romanians, Most Pessimistic Europeans About House Prices, As 72% Expect Price Hikes
Over half of Europeans expect house prices to rise in the next 12 months and Romania leads the country ranking, with an average of 72% of people expecting price increases, and is followed by...
Dedeman Buys 2.7 Ha Plot Near AFI Tech Park And Vulcan Value Centre in Bucharest
DIY retailer Dedeman held by brothers Adrian and Dragos Paval in Bacau has signed the agreement to buy a 27,000-square meter plot in Bucharest Sector 5 on the Progresului Street from flax an...
Luxoft Romania Extends Office Space Lease Until 2025
Software developer Luxoft Romania, the local subsidiary of Russian developer Luxoft, has extended its office space lease contract until 2025 and pledged to continue investing in Romania.
CTP Buys Chitila Logistic Park Near Bucharest for EUR17M
CTP, the biggest developer of logistics and industrial spaces on the Romanian market, bought the Chitila Logistic Park near Bucharest for EUR17.3 million in a bid to reach an industrail and...
Baneasa Shopping City Operator To Invest EUR1.7B in Expansion By 2026
Baneasa Developments, the operator of the Baneasa Shopping City mall in northern Bucharest, plans to invest around EUR1.7 billion by 2026 to expand its shopping area, residential and office...