Real Estate
Romania Sees 393,294 House Sales In January-August 2017
A total 393,294 houses were sold across Romania between January and August 2017, of which 56,986 units were sold in August alone, according to the national cadaster agency ANCPI.
SME Guarantee Fund to Focus on SMEs as First Home Program Slows Down
Romania's guarantee fund for small and medium-sized enterprises (SMEs) will focus more on helping businesses secure loans, as a government-backed program for first time homebuyers currently...
Real Estate Developer ILDC To Allot EUR6M For Second Block Of Estic Park Residential Project
Real estate developer Israel Land Development Company (ILDC) will allocate nearly EUR6 million for the second block of Bucharest-based Estic Park project, for 103 apartments due for completi...
CBRE, Knight Frank, Coldwell Banker- Most Active Real Estate Consulting Firms In 2016
CBRE, Knight Frank, Coldwell Banker were the most active real estate consulting companies in 2016.
Globalworth Properties In Romania Boost Its Portfolio To Over EUR1B
Real estate investment fund Globalworth, held by Greek businessman Ioannis Papalekas, exceeded EUR1 billion in the first half of 2017. The total value of Globalworth’s fixed assets currently...
CTP Invests EUR18M In 37,000 Sqm Of Industrial Space In Western Romania
CTP, one of the largest investors in logistics and industrial space in Romania, continues its expansion countrywide and is acquiring the logistics parks in the towns of Ineu (Arad County) an...
C&W Echinox: Western Bucharest To Attract 75% Of Office Space To Be Delivered In 2H/2017
Western Bucharest area will attract 75% of the office space to be delivered in the second half of 2017 and 50% of deliveries announced for 2018. The office space stock in this area is expect...
Romania Generates More Than Fifth Of Immofinanz Rental Income
Austrian-held real estate developer Immofinanz on Wednesday said it registered rental income of EUR24.6 million in Romania, in the first half of 2017 financial year, accounting for 21.4% of...
Colosseum Retail Park Reaches 100% Occupancy
Colosseum Retail Park, developed by Nova Imobiliare SRL, reached 100% occupancy, by securing 1,300 sqm retail spaces for the Turkish retailer LC Waikiki, property manager JLL, which negotiat...