Real Estate
First Hilton Garden Inn Hotel In Romania To Open In Bucharest End-2017
The hotel Hilton Garden Inn Bucharest Old Town, controlled by the Israeli investors who also own the four-star hotel Europa Royale in downtown Bucharest, will be opened in the fourth quarter...
Banca Transilvania: Romania Real Estate Market Enters Maturity Stage
The annual dynamics of building permits in Romania accelerated in July 2017 (the best growth rate since August 2015), according to the latest data released by Romania’s statistics institute...
Bog'Art Builds 47,000-Sqm Office Space Project Of Renault Group
Bog’Art, one of the biggest construction companies in Romania, controlled by businessman Raul Doicescu, will build Renault’s sole headquarters in Bucharest, Renault Bucharest Connected, whic...
Renault Group Starts Construction Of Its Future Bucharest Headquarters
Renault Group, which reported a cumulated turnover of EUR5.1 billion in 2016, has started the construction of its future headquarters, Renault Bucharest Connected, which stretches onto a sur...
2017 To See Record High Of New Industrial Space Deliveries, But Record Low Of Retail Space Deliveries
Romania’s industrial and logistics sector will see a record high of deliveries in 2017, of approximately 480,000 square meters, while deliveries of new retail space will reach the lowest lev...
Colliers International Takes Over Property Management Services For Office Space Project The Landmark
Real estate consulting firm Colliers International will provide property management services for the office space project The Landmark in downtown Bucharest, held by Piraeus Bank. Colliers h...
AFI Europe Romania Net Operating Income Up 11.5%, to EUR24.7M in 1H/2017
Property developer AFI Europe Romania registered a net operating income of EUR24.7 million in the first six months, 11.5% higher than in the same period last year.
Polish Group Orbis To Open New ibis Styles Hotel In Northern Bucharest
Polish hotel group Orbis Group, the Eastern European partner of French group AccorHotels, has signed a management contract with local company Constructii Erbasu S.A. for an ibis Styles hotel...
Over 450,000 Sqm Of Logistics And Industrial Space Expected To Be Delivered By End-2017
Over 450,000 square meters of logistics and industrial space are expected to be delivered by the end of 2017, more than half of it in capital Bucharest, according to data from real estate co...