Real Estate
Logistic E van Wijk Signs New Leasing Contract For P3 Bucharest Park
Logistics property developer P3 Bucharest signed a partnership with Logistic E van Wijk, for 10,180 square meters of storage space and 252 sqm of office space in the new sixth warehouse of P...
JLL: Demand For Industrial Space In Romania Rose Over 50% In 1H/2017
The total demand for industrial and logistics continued to grow in the second quarter of 2017, taking the surface area leased by frms to over 350,000 square meters in the second half the yea...
Apartment Sales Of Alpha Bank’s Real Estate Division Up 50% In 1H/2017, To EUR20M
Alpha Real Estate Services, the real estate division of Alpha Bank group, sold 202 apartments of the entire portfolio of real estate projects managed, some 50% more than in the same period a...
Logistics Company KLG Invests EUR20M In New Warehouses
Logistics operator KLG Europe Logistics targets a nearly 10% increase in its 2017 turnover, to EUR31 million, compared with EUR29 million posted in 2016.
Attila Peli, JLL: Timpuri Noi Area, Including Splaiul Unirii, Remains Attractive For Residential Projects
Bucharest’s Timpuri Noi area, including Splaiul Unirii, will remain attractive for the development of residential projects, not office space projects, despite the development of Timpuri Noi...
Sett Paving Market Reached Nearly EUR85M In 2016, Similar With 2015 Level
The sett paving market reached nearly EUR85 million in 2016 and a volume of products delivered of nearly 3.2 million meters, according to Sebastian Bobu, Chief Executive Officer of Symmetric...
House Prices In Romania Up 5% In January-March 2017, Above EU Average
House prices in Romania rose 5.1% in the first quarter of 2017, compared with the year-earlier period, according to a study by Eurostat, the statistical office of the European Union. The sam...
Romania Posts Biggest Annual Decline In Production In Construction In EU In May 2017
Romania registered the biggest decrease in production in construction (-16.7%) among European Union member states, on the year in May 2017, followed by Spain (-5.6%) and Slovakia (-2.1%), ac...
NEPI Completes Merger With Rockcastle, Delists From Bucharest Stock Exchange
South-African real estate investment fund New Europe Property Investments (NEPI) and South-African investment fund Rockcastle have completed the merger announced at the end of 2016.