Real Estate
Coldwell Banker: Cluj Office Market To See Record 300% Growth This Year
Over 44,000 square meters of office space will be delivered this year in Cluj–Napoca, more than 300% higher than in 2016, making 2017 the best year for the regional office space market, acco...
Libra Internet Bank Puts Bucharest Hotel Up For Sale
The four-star hotel Best Western Plus Expocenter, located in northern Bucharest, was put up for auction by its creditor, Libra Internet Bank, at a starting price of EUR6.9 million.
Constanta, Fourth City In Romania With Home Prices Above EUR1,000/Sqm
Constanta becomes the fourth large city in Romania where home prices exceed the threshold of EUR1,000 per square meter, with the Imobiliare.ro index registering an increase of 2.1% in April,...
Shingle Maker Depaco Eyes EUR60M in Turnover
Romanian metallic roofing shingle producer Depaco plans to reach a turnover of nearly EUR60 million this year, a third of which should come from exports, the company said.
Hili Ventures Acquires ART Business Centre Through Premier Capital
Maltese group Hili Ventures has acquired, through its division Premier Capital, the building ART Business Centre, from FBC Exclusiv Company, according to law firm Suciu Popa, which assisted...
Dan Sucu Teams Up With Conarg To Invest In Residential Market
Businessman Dan Sucu, the owner of the Mobexpert group, is preparing to enter the real estate market after having established DVD Residential Imobiliare SRL in partnership with Pitesti-based...
RE/MAX: Home Prices In Romania Expected To Rise Nearly 10% By End-2017
Home prices in Romania will keep their upward trend and are expected to go up by 8-10% by the end of 2017, compared with 2016, while rental rates in urban areas will see an increase of 7-10%...
JLL: Bucharest Accounts For Two Thirds Of Logistic Space Demand In January-March
Bucharest accounted for two thirds of logistic space demand, or 97,000 square meters, in January-March, while Timisoara, Ploiesti, Cluj and Roman cities were also attractive for industrial a...
Forte Partners Signs Lease With IBM For 18,000 Sqm In The Bridge
Forte Partners, one of the most active local developers on the office space market, has signed the lease with IBM for 18,000 square meters in the first building of The Bridge complex in the...