Real Estate
Eurobank Property Services: Residential Property Prices On Upward Trend Across Romania
Prices on the residential market saw an average increase of 7.2% on the year in the first quarter of 2017, and of 2.3% compared with last quarter of 2016, according to the Residential Proper...
Romanian, Turkish And Spanish Investors Add More Than 3,000 Homes In Western Bucharest
More than 3,000 homes are under construction in the sixth sector of Bucharest, in several residential complexes where workers are working around the clock.
AFI Park Acquisition Beats Previous Record Of America House
At least seven deals worth more than EUR100 million have been signed on the Romanian real estate market in the past decade, and the two records were signed ten years away.
Paval Brothers Sign Agreement To Buy AFI Park Office Buildings
Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, signed the agreement with Africa Israel to buy AFI Park 1-5 office buildings near the AFI Palace Cotroceni mall for al...
Forte Partners To Start Work On Its First Residential Development
Forte Partners, one of the most active real estate developers, which is now working on The Bridge office buildings in Orhideelor area of Bucharest, will soon begin work on a residential proj...
C&W Echinox: Bucharest Modern Office Stock Expected To Double In Next Decade
The modern office stock in Romania’s capital city Bucharest is expected to double over the next decade and reach up to 5 million square meters, considering that the current stock of 2.55 mil...
Endava To Rent Space In Day Tower In Central Bucharest
Software and IT services company Endava is in advanced talks with Day Group to rent 4,000 square meters in Day Tower office building on Unirii Boulevard in central Bucharest near the city’s...
Immofinanz Rental Income In Romania At EUR12.2M In January-March 2017
Austrian-held real estate developer Immofinanz registered rental income of EUR12.2 million from its properties in Romania, in January-March 2017.
Voicu, Coldwell Banker: Rise In Apartment Prices Is A Natural Evolution
Apartment prices rise on average 5-7% per year and the trend will probably maintain in the future, according to Gabriel Voicu, head of New Homes Division within real estate consulting firm C...